Canary Wharf Group targets net-zero by 2030
The business announced earlier this year that it had been working with the Science-Based Targets Initiative (SBTi) to develop new 1.5C-aligned 2030 emissions goals, headlined by a commitment to cut direct (Scope 1) emissions by 65%. It said it would use these targets to develop a net-zero pathway by the end of 2020. CWG published the pathway today (9 December). It confirms that the business will be able to achieve net-zero across all scopes within a decade and that its key focus areas for decarbonisation include transitioning its vehicle fleet and phasing out natural gas for heat across the London estate.
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