FAQs
Transitioning to a net-zero world is one of the greatest challenges humankind has faced. It calls for nothing less than a complete transformation of how we produce, consume, and move about. The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change. Replacing polluting coal, gas and oil-fired power with energy from renewable sources, such as wind or solar, would dramatically reduce carbon emissions.
Yes, a growing coalition of countries, cities, businesses, and other institutions are pledging to get to net-zero emissions. More than 140 countries, including the biggest polluters – China, the United States, India and the European Union – have set a net-zero target, covering about 88% of global emissions. More than 9,000 companies, over 1000 cities, more than 1000 educational institutions, and over 600 financial institutions have joined the Race to Zero, pledging to take rigorous, immediate action to halve global emissions by 2030.
No, commitments made by governments to date fall far short of what is required. Current national climate plans – for 195 Parties to the Paris Agreement taken together – would lead to a sizable increase of almost 9% in global greenhouse gas emissions by 2030, compared to 2010 levels. To keep global warming to no more than 1.5°C – as called for in the Paris Agreement – emissions need to be reduced by 45% by 2030 and reach net zero by 2050. Getting to net zero requires all governments – first and foremost the biggest emitters – to significantly strengthen their Nationally Determined Contributions (NDCs) and take bold, immediate steps towards reducing emissions now.
Active participation from the private sector is crucial in driving the Net Zero transition across all facets of business processes and supply chains. We believe companies taking decisive climate action deserve recognition through consumer support. CODE2 WORLD empowers consumers to identify businesses with robust Net Zero plans aligned with global targets. By tracking the spending composition in terms of sellers' Net Zero goals, consumers gain valuable insights into the climate action efforts of companies featured on our platform.
CODE2 WORLD rewards consumers for making purchases from environmentally conscious companies, making each transaction a step towards a greener future!
CODE2 meticulously choose companies committed to achieving Net Zero in their business processes and supply chains (Scopes 1, 2, and 3) by 2050 or sooner. Validation of mid-term emissions reduction goals by the Science-Based Targets Initiative (SBTi) is an added advantage.
CODE2 furnish consumers with:
- Information on companies' climate efforts gathered from reliable public sources or verified data obtained directly from companies.
- Composition of spending via CODE2, allowing consumers to support brands and sellers committed to achieving Net Zero by 2050 or sooner.
- Data on companies' emissions reduction, and we're actively working on providing consumers with information on relative reduction concerning companies' sales to help track their contribution to brands' climate action.
There is a diverse range of companies with solid Net Zero targets catering to all consumer needs. CODE2 WORLD is committed to expanding our platform, connecting consumers with a broad selection of companies and offering actionable recommendations for a well-informed, climate-friendly lifestyle. As more companies join the Net Zero movement transparently, our platform's offerings will continue to grow, providing consumers with an increasingly diverse and sustainable marketplace.
