Energising Net Zero in the Energy Industry

possible and offsetting residual emissions using credible offsets or renewable energy certificates.33 The lack of clarity around what the Scope 3 emissions are, the variety of methods used Alinta’s reported Scope 3 emissions account for 89% of its emissions yet they for collecting and reporting the data are excluded from the Pathway to Net (including estimates), and the discretion Zero. [...] The Science Based Targets initiative’s (SBTi) There is concern about the veracity of the Corporate Net Zero Standard says that the ACCUs, with claims that up to 80% of the use of carbon credits must not be counted as carbon credits issued are flawed or devoid of emission reductions toward the progress of integrity, achieving little in the way of companies’ near-term or long-term science- abatement. [...] There are concerns whether the projects provide true abatement and now a court challenge that the use of the projects, and whether the projects are Climate Active trademark program and its sustainable to ensure the claimed abatements carbon neutral claims may be misleading or are met for the life of the emissions for which deceptive.48 The program contemplates the they were claimed. [...] The lack of certainty as to how Further, the use of the trademark on products the offsets are being used and whether they can be confusing and unclear to consumers are being used in place of actual reductions to who may assume the entire business has meet net zero commitments may result in been certified, not just the product. [...] When applying the UNHLEG requirement that net zero claims should address the full lifecycle of a product or process, that is scope 1, 2 and 3,103 the exclusion of scope 3 emissions brings into question the credibility of the net zero commitment.