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Companies that have set net zero targets

By Grace Melville
5th February 2021

Following the UK Government’s announcement to be Net Zero by 2050 many businesses have set their own ambitious targets to tackle climate change.

With more and more companies joining the race to net zero, targets are becoming more ambitious and on tighter timelines. This level of ambition is inspiring but targets must stand up to scrutiny. The journey of how a company gets to net zero is just as important as simply getting there.

6D Banners 2021-01 (1)

 

Below is a list of companies who have recently aligned their company strategy and brand to place net zero at the forefront of their business.

BT (15 September 2018) net zero carbon business by 2045

Verizon (22 April 2019) net zero by 2035

British Airways (11 October 2019)  net zero by 2050

Ikea (27 November 2019) ‘climate-positive’ by 2030

Land Securities (8 November 2019) net zero emissions by 2030

National Trust (9 January 2020) net zero emissions by 2030

Microsoft (16 January 2020) net zero by 2030, with an additional goal of removing all carbon emitted since it was founded in 1975

AstraZeneca (22 January 2020) carbon-negative by 2030, and net zero operational carbon emissions by 2025

Sainsbury’s (28 January 2020) net zero emissions by 2040

Mace (29 January 2020) net zero carbon by 2020

EY (31 January 2020) carbon neutral by 2020

Sky (4 February 2020) net zero by 2030

BP (12 Febraury 2020) net zero by 2050

Sir Robert McAlpine (19 February 2020) net zero by 2024

Mitie (20 February 2020) net zero by 2025

Cemex (21 February 2020) net zero concrete by 2050

O2 (03 March 2020) net zero network and operations by 2025

Barclays (30 March 2020) net zero by 2050

Shell (20 April 2020) net zero by 2050

CMS (24 April 2020) net zero by 2025

Jacob’s Engineering (24 April 2020) net zero by 2030

Total  (5 May 2020) net zero by 2050

University of Manchester (29 May 2020) net zero investment portfolio 2038

Tetra Pak (11 June 2020) net zero value chain by 2050

Unilever (14 June 2020) net zero by 2039

British Land (23 June 2020) net zero portfolio by 2030

Barrett Developments (30 June 2020) net zero by 2040

Lucozade Ribena Suntory (01 July 2020) net zero value chain by 2050

M&G Real Estate (13 July 2020) net zero operational emissions by 2030 and net zero across its real estate portfolio by 2050

Apple (21 July 2020) net zero by 2030

Capgemini (24 July 2020) net zero operations and supply chain by 2030

Novo Nordisk (04 August 2020) net zero by 2030

HMRC (01 September 2020) net zero by 2040

Ikea (02 September 2020) climate positive by 2030

PwC (15 September 2020) net zero by 2030

IAG (11 September 2020) net zero carbon emissions by 2050

Japan Airlines (11 September 2020) net zero by 2050

Qantas (11 September 2020) net zero by 2050

Finnair (11 September 2020) carbon neutrality by 2045

American Airlines (11 September 2020) net zero by 2050

Cathay Pacific (11 September 2020) net zero by 2050

Iberia (11 September 2020) net zero by 2050

Malaysia Airlines (11 September 2020) net zero by 2050

Qatar Airways (11 September 2020) net zero by 2050

Royal Air Moroc (11 September 2020) net zero by 2050

Royal Jordanian (11 September 2020) net zero by 2050

S7 Airlines (11 September 2020) net zero by 2050

Sri Lankan Airlines (11 September 2020) net zero by 2050

Fiji Airways (11 September 2020) net zero by 2050

Facebook (15 September 2020) net zero value chain by 2030

Nespresso (17 September 2020) carbon neutrality by 2022

Arup (22 September 2020) net zero 2030

Bolt (22 September 2020) climate positive by end of 2020

Spirax-Sarco (22 September 2020) net zero by 2040

LafargeHolcim (22 September) net zero by 2050

NHS (01 October 2020) net zero by 2040

Aviva Investors Pension Scheme (02 October 2020) net zero by 2050

BT Pension Scheme (08 October 2020) net zero by 2035

HSBC (09 October 2020) net zero financed emissions by 2050

City of London Corporation (12 October 2020) net zero by 2040

John Lewis (19 October 2020) net zero by 2035

Dentsu International (22 October 2020) net zero by 2030

Lime (23 October 2020) net zero by 2030

Equinor (03 November 2020) net zero by 2050

KPMG (09 November 2020) net zero by 2030

Tesco (16 November 2020) net zero by 2035

Henkel (18 November 2020) net zero by 2040 under Amazon’s Climate Pledge

Diageo (23 November 2020) net zero operations by 2030

Vodafone (23 November 2020) net zero by 2040 and net zero carbon emissions from operations by 2027

Coca-Cola European Partners (07 December 2020) net zero by 2040

Glencore (07 December 2020) net zero by 2050

Canary Wharf Group (09 December 2020) net zero by 2030

WHSmith (11 December 2020) net zero emissions by 2025

PepsiCo (14 January 2021) net zero by 2040

BBC (14 January 2021) net zero by 2030

Aviva Investors Real Assets  (January 2021) net zero by 2040

CDL (03 February 2021) net zero operations by 2030

Avantium (4 February 2021) net zero operations by 2030

Centrica (25 February 2021) net zero by 2045

Aviva plc (1 March 2021) net zero operations, supply chain by 2030 and investments by 2040

Burger King (19 April 2021) net zero operations by 2030

Fora (19 April 2021) net zero by 2030

Mulberry (19 April 2021) net zero by 2030

Nestle (19 April 2021) net zero by 2050

Visa (19 April 2021) net zero by 2040

Whitbread (19 April 2021) net zero by 2040

WPP (19 April 2021) net zero by 20430

Dell (20 April 2021) net zero by 2050

Co-op (5 May 2021) carbon neutrality across own-brand food and drink by 2025

Highland Spring (4 June 2021) net zero by 2040

Tyson Foods (15 June 2021) net zero by 2050

Burberry (14 June 2021) climate positive by 2040

 

What you can do next

Before setting a net zero target, it is imperative that a business develops a clear roadmap of the actions that will reduce its own emissions as far as possible in the first instance.  Announcing a net zero target without a clear strategic roadmap may well have the opposite effect to what was intended – it risks damaging your green credentials more than enhancing them.

Our team of carbon experts are working across a range a sectors to develop credible net zero strategies and we can help you and your board set a strategy that will stand the test of time and position your business as a true market leader.

 

Further resources

Interactive Assessment | See how your sustainability strategy performs against your sector peers

Download | Net Zero: The Guide for Business 

Download | Net Zero: The Guide for Commercial Real Estate

Download | Net Zero: The Guide for Professional Services

Contact a member of the team at Carbon Intelligence if you would like to check if your net zero target strategy will stand up to scrutiny and how it compares to others in your sector. Email info@carbon.ci