Net zero Our industry produces 10% of the world’s We’ve joined the Science Based Targets 27 carbon emissions* and the sixth report initiative (SBTi) and are currently from the Intergovernmental Panel on working to verify our emissions targets. Climate Change warns that an increase This will validate our transition plans of 1.5°C can have catastrophic climate to net zero and provide a clear roadmap consequences. to reduce our impact in line with the Paris Agreement goals. We’re also making We recognise that businesses have signi昀椀cant investments in tools to a crucial role in reducing the impact of support carbon data mapping and climate change. As part of our 100-1-0 tracking in 2023. We’re working positive business goals, we aim to on reducing our emissions in several become a net zero business by 2032. ways, including shifting to less impactful packaging, choosing materials and innovating products with lower impact, and trialling circularity solutions, which are detailed in the following pages. We use the SBTI de昀椀nition of net zero, which is balancing the amount of greenhouse gas emissions produced against what’s removed to reach ‘zero’. *World Economic Forum