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Net Zero: What does COP26 mean for your business?

Net Zero: What does COP26 mean for your business?

The UK, together with their partners Italy, are currently hosting COP26 in Glasgow where Net Zero will be discussed and plans laid bare.

The United Nations have been bringing together world leaders from nearly every country on planet earth for more than three decades to discuss and reach an agreement on how to tackle climate change once and for all.

The race to Net Zero, Blumilk believes, is everyone’s responsibility. Whether you’re a global organisation or Sandra at number 22 you must ‘do your bit’ to lower your carbon footprint and leave a healthier world for future generations and the nature with which they’ll share our world.

What is the Paris Agreement?

At COP21 held in Paris in 2015, an historic agreement between every country involved was made to fight global warming together to achieve well below 2 degrees, aiming for 1.5. 

It was at this summit that the Paris Agreement was born.

(Video credit: United Nations)

Under this agreement, each and every country involved made a commitment to bring forward national plans on how they will play their part in reducing emissions. These are known as the Nationally Determined Contributions (NDCs).

These NDCs are set to be presented at the summit with countries clarifying their plans to reduce their emissions.

Sadly, the Paris Agreement has not made enough necessary changes to limit global warming so now is the time for the world to pull up its socks and take action now before it’s too late.

COP26 Goals

Yes, the commitments laid out in the Paris Agreement are ambitious with reducing global warming by 1.5 degrees by 2050, however, by following the steps below, we can still aim for this crucial result:

  • Accelerate the phase-out of coal
    • By making the transition to zero coal burning, an incredibly damaging fossil fuel and most carbon-intensive will play a huge role in keeping global warming to 1.5 degrees.
  • Curtail deforestation
    • The lungs of the world, forests are crucial in the fight against global warming by absorbing the damaging carbon dioxide from the air. Crucially, when forests are cleared or disturbed, that carbon is released into the atmosphere as carbon dioxide.
  • Speed up the switch to electric vehicles
    • Electric vehicles emit far fewer greenhouse gases and air pollutants than their petrol or diesel counterparts. ‘Battery solutions are the catalyst that will drive our society to an electrified, zero-emissions future. It is the next industrial revolution; some call it the green revolution. The next decade will see unprecedented change’ (Orral Nafjari, Britishvolt CEO & Founder)
  • Encourage investment in renewables
    • Aside from the economic benefits of using renewable energy, the environmental impact is enormous. Generating energy using methods that produce zero greenhouse gasses will significantly reduce air pollution.

(UN Climate Change Conference UK 2021)

Adapt our efforts to protect communities and natural habitats

Some argue that global warming began with the Industrial Revolution as early as the 1830s with the last seven years being the warmest on record. 

More than a million species are at risk of extinction by climate change (earthday.org).

Climate change can’t be ignored and COP26 is encouraging countries to adapt their ways to ‘protect and restore ecosystems while building defences, warning systems and resilient infrastructure to avoid loss of homes, livelihoods and even lives.’ (www.ukcop26.org)

How much will the fight to net-zero cost?

OK, we know what needs to be done but how will the world afford it? In order for countries to follow through with their commitments, at least $100bn in climate finance must be mobilised.

International financial institutions are receiving pressure to unleash trillions in private and public sector finance required to meet the global net-zero targets.

We must work together to deliver on our net-zero promise.

For organisations, lowering your carbon footprint can sometimes feel like a minefield but Blumilk is on hand to simplify your efforts and make sure that not only do your actions stack up but your branding, communications and campaigns do, too.

Due to launch Blumilk’s ‘Your Net Zero’ campaign is a first of its kind solution to assist organisations in their zero-carbon efforts through concise, truthful and impactful communications using a range of mediums including animation, digital content and collaboration to assist your plan ‘for better.’ 

From sustainability pledges to energy and carbon reporting to your CDP climate change disclosure and annual director’s reports and a whole host of other elements that will allow your organisation to be perceived as leaders in the race to zero.

Blumilk has worked alongside some of the UK’s most ambitious start-ups, SMEs and national organisations on their sustainability brands.

From our Silent Power campaign for Northern Powergrid to our Net Zero project for Water UK, including the incredibly successful Save Our Streams initiative with Affinity Water to our sustainability plans with Western Power Distribution, Blumilk has the knowledge and experience to ensure your goals are met in the most efficient and effective way possible.

We will also work with specialist carbon offsetting consultants who are able to work with you on your approach and SBTi targets so that’s another area Blumilk have covered.

You can register your interest and we’ll be in touch as soon as we launch or if you have a question or would like to know more about other Blumilk services, you can contact kim@blumilk.com