EY announces ambition to be carbon negative
The company said it has set seven components of its plan to not only become carbon negative
New Delhi: Global accounting and consultancy firm EY has announced a plan to become “carbon negative” this year by setting up targets to reduce its absolute emissions and removing and offsetting more carbon than it emits.
In a statement, the company said it has set seven components of its plan to not only become carbon negative but to reduce total emissions by 40 per cent which is in line with the science-based target of achieving net zero by 2025.
The new strategy of the company to become carbon negative by 2021 includes reducing travel emissions by 35 per cent, reducing overall electricity usage, procuring 100 per cent renewable energy for company’s needs and structuring electricity supply contracts, through virtual power purchase agreements (PPAs).
It added that it will also be using nature-based solutions and carbon reduction technologies to offset carbon.
Source: energy.economictimes.indiatimes
