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> VISION
Reductions or removals? Why science — not just market forces — must shape our pathway to net zero
New York Climate Week kicked off with confirmation that corporate net zero commitments have increased threefold over the last year, from 500 at the end of 2019 to 1,541 in 2020. With net zero quickly becoming the standard for climate action, there is more pressure on companies than ever before to ramp up climate action. To turn this ambition into actions that will keep us on track to reach net zero by 2050 and cap global temperature rise to 1.5°C, we need a common, science-based definition of what the goal means for business and clarity on how companies can apply the concept. This means understanding the science behind CO2 reductions and CO2 removals.