REA Commits to Race To Zero
REA has joined the Race To Zero and thus made a commitment to halve its emissions by 2030 and be net zero by 2050. On the face of it this may not seem to be overly ambitious, but even for an SME like the REA that is active in clean technology sector, there is a lot to do. We are mindful that to be fully net zero we need to have our subsidiary company join us on the journey, and that we also secure permanent reductions in our emissions, with offsetting only used to deal with emissions outside of our control or influence.
We also want our sector to join us on this journey and the barriers and challenges that we will come up against will provide real-world learning that will also help inform our lobbying and policy work. Ultimately this will help us challenge government and regulators to make the path easier, so that others can follow. We will also use the information gained from our journey to encourage and help our members on their journey to net zero.
Net zero will be incorporated into REA’s business planning and will help guide the longer-term strategic thinking of the executive and Board’s.
The REA’s report that sets out its current carbon emissions can be found here.