Approaches to reduce carbon emissions to reach the net zero goal
Low Carbon Transition Framework
Reach the Net Zero Goal Together
When various sectors around the world come together to balance economic growth, well-being, and public health, including the conservation of natural resources and the environment, one of the key drivers is to reduce carbon emissions or decarbonization. Therefore, a joint international goal regarding decarbonization has been set.
GC has set decarbonization goals and pathways. The goal is to attain net zero emissions for scope 1 and 2 and reduce greenhouse gas emissions by 50 percent for scope 3 by 2050.
Setting such goals is a challenging target for the business. GC has applied the principles of circular economy, combined with three different approaches, to offset carbon emissions and decarbonize. The three approaches are:
To transform business portfolio over the long-term into a low-carbon business, while maintaining corporate growth
As of 18 October 2021
GC establishes clear governance models to drive decarbonization implementation at all levels within the organization as followings: