The language around the Netflix commitment to achieve net zero greenhouse gas emissions by the end of 2022 and it's clear three point plan is not just encouraging, it gives real hope that the film industry can clean up it's act and show other industries how sustainable business might be done.
Here are the headlines:
"...Netflix will achieve net zero greenhouse gas emissions by the end of 2022, and every year thereafter. We have a plan called Net Zero + Nature, and here’s how it works:
Step 1: REDUCE our emissions
We’ll start first by reducing our internal emissions, aligning with the Paris Agreement’s goal to limit global warming to 1.5°C. We will also reduce Scope 1 and 2 emissions by 45% by 2030, based on the Science-Based Targets Initiative Guidance.
Step 2: RETAIN existing carbon storage
By the end of 2021, for emissions we can’t avoid internally, including Scope 3 emissions, we’ll fully neutralize them by investing in projects that prevent carbon from entering the atmosphere. We’ll start by conserving at-risk natural areas like tropical forests that are critical to meeting global climate goals.
Step 3: REMOVE carbon from the atmosphere
By year-end 2022, we will incorporate investment in the regeneration of critical natural ecosystemsto achieve net zero. These projects, such as restoring grasslands, mangroves, and healthy soils, capture and store carbon, in addition to other benefits.
Nature is at the heart of our commitment, as environmental leaders like Christiana Figueres tell us we can’t achieve climate goals without protecting and regenerating natural ecosystems. This approach buys us time to decarbonize our economy, while restoring these life support systems".