In December of 2020, B Lab celebrated the one-year anniversary of their Net Zero 2030 campaign. The campaign kicked off at COP25, the 2019 UN Climate Change Conference held in Madrid, Spain, where we at Leap (digitally) joined more than 500 companies in publicly committing to accelerate the reduction of our greenhouse gas emissions to reach a 1.5 degree trajectory leading to net zero by the year 2030. This target is 20 years ahead of the 2050 targets set by the Paris Agreement.
Science shows that in order to reduce the worst impacts for our planet and people – especially our most vulnerable communities – we cannot surpass the 1.5°C increase in average global temperature. At the current trajectory, it is estimated we will reach this limit as early as 2030. In 2021, we’re doing our part as a member of the B Corp Climate Collective and have committed to net zero by 2030. In doing so, we have all agreed to:
- Develop a plan to achieve net zero by 2030, including calculating baseline Scope 1-3 emissions, reducing emissions wherever possible and using verified offsets (emphasising carbon removal projects) to balance emissions that cannot be eliminated.
- Utilise the Climate Action module of the SDG Action Manager and other globally-recognised climate action tools to accelerate their journey to net zero.
- Mobilise their board and team to declare a climate emergency using the Climate Emergency Playbook.
- Join the B Corp Climate Collective.
In the past year, the number of B Corp certified companies participating has grown to more than 800, and together we have already made a significant impact.
The commitment to significant carbon reduction leading to a Net Zero 2030 future is part of the most accelerated climate action effort by the largest constituency of businesses in the world, demonstrating true leadership in a time of severe environmental, societal, and economic unrest and uncertainty. We’re immensely proud to be a part of that.
With Net Zero 2030, we reaffirm our commitment to collective and immediate action to halt and reverse the current climate trajectory and to build an inclusive, equitable, and regenerative economic system. We are joining the B Corp Climate Collective and B Lab in calling on the community of B Corps and all businesses around the globe to champion meaningful climate solutions to secure the health of people and our planet for future generations.