Innovate UK KTN commitments to achieving Net Zero by 2030

KTN publishes its Net Zero 2030 strategy detailing our commitments, including achieving a carbon neutral status in the next five years, and how we plan to achieve them.

 

Posted on: 04/07/2022

There is no more important priority than the global challenge of climate change. We are already seeing its effects causing extreme weather conditions and fires around the world, disrupting daily living and displacing people from their homes. The urgency of this matter requires taking swift and meaningful action to limit global temperature rises to 1.5 degrees above pre-industrial limits, and everyone has an important role to play.

At Innovate UK KTN, the heart of our work is about leading and connecting for positive change. As part of our 5-year strategy released in 2020, reaching Net Zero was listed as one of our top 5 strategic priorities. The newly formed Net Zero team has been working hard to develop a collaborative strategy and accompanying action plan to help us meet our ambitious aims of achieving Carbon Neutral status by 2027 and being fully Net Zero by 2030.

This means that as an organisation we are committed to a 50% absolute reduction of our scope 1, 2 and 3 emissions as well as using 100% renewable energy for all of our office sites by 2030. In order to start progress towards these goals, in 2021 we signed up to the Race to Net Zero SME Climate commitment and conducted a footprint assessment of our 2019/20 and 2020/21 impact, which we are using as our baseline. We are also utilising a carbon accounting platform which will allow us to regularly track and visualise our data so we know where and how to make adjustments along the way.

We know this won’t be an easy journey, but we are determined to rise to the challenge in order to lead, support and inspire our network to do the same. We hope to see more and more organisations making the commitment to reaching Net Zero alongside us. Together we have the potential to make a true and lasting positive impact for the benefit of our planet and current and future generations.

Please read the full strategy and action plan below, or contact the Net Zero team with questions, feedback or ways we can best support you.

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