Netflix plans to achieve net-zero greenhouse gas emissions by 2022, going forward. As an organization, entertaining audiences whilst educating citizens to be good environmental samaritans goes a long way.
March 31, 2021. By News Bureau
Reducing carbon emissions and environmental sustainability are objectives that are incorporated by various organizations. Product companies like Netflix aspire to be the change-makers among great organizations. Sustainability champions and policy stakeholders from Netflix have combined science-based climate target methodology alongside storytelling formats to achieve an equitable environmental ecosystem. The organization plans to achieve net-zero greenhouse gas emissions by 2022, going forward. As an organization, entertaining audiences whilst educating citizens to be good environmental samaritans goes a long way.
The objectives are to reduce scope 1 and 2 emissions by 45 per cent by 2030. Based on targeting initiatives and modelling paradigms, there are plans to retain carbon storage by conserving and preserving tropical forests to achieve global climate goals. The management aims to remove carbon from the atmosphere by fielding investments through the rejuvenation of critical natural ecosystems. Environmental leaders like Cristina Figueres concur with this approach citing innovative practices towards sustainability. A science-based strategy aligns with the initiatives that would reach the U. N’s Business Ambition of 1.5 C group of companies.
In 2020, carbon footprint was 1,100,000 metric tons. About half the size of the footprint was generated by the production of films and series by Netflix while 45 per cent came from corporate operations and purchased goods, and 5 per cent accounted for cloud service providers. An innovative approach such as DIMPACT has reached a consensus about measuring the footprint of internet users. Experts are coming up with whitepapers so that industries can reach the required compliance standards and protocols. Net Zero and Nature is the first of its kind that explores this space and has high hopes towards environmental goals.
Demand and Willingness to Pay More for High Integrity Credits has Increased in the Market