6. Climate Commitments
Jacobs commits to achieving and maintaining the following:
1. 100% renewable energy for our operations in 2020.
2. Net zero carbon for our operations and business travel in 2020.
3. Carbon negative for our operations and business travel by 2030.
Our commitment to transition to 100% renewable energy in 2020 means that our electricity needs will be supplied through a variety of sources globally including, but not limited to, green tariffs, renewable energy certificates (RECs), energy attribute certificates (EACs) and virtual purchase power agreements (VPPAs). Our commitment to achieve net zero carbon in 2020 means that we will minimize our emissions to the extent possible, and then remove as much carbon from the atmosphere as we emit in 2020 and every year thereafter. The amount of carbon we remove in 2020 is based on our Scope 1 and 2 emissions and the business travel portion of our Scope 3 emissions. While we recognize the importance of reducing carbon emissions across our entire value chain, Scope 3 emissions beyond business travel are not included in this commitment to net zero carbon. Scope 3 emission estimates are not yet reliable and are being addressed through partnerships within our supply chain. Scope 3 emission targets will be covered by a corporate commitment to reduce Scope 3 emissions through the Science-based Target initiative (SBTi).
We will achieve net zero carbon emissions by working tirelessly on reducing emissions and neutralizing our remaining carbon impact by purchasing renewable energy and carbon offsets. We are committed to achieving carbon neutrality for Scope 1 and 2 and Scope 3 business travel in 2020 in line with PAS2060:2014 specifications for the demonstration of carbon neutrality.
Our strategy for achieving net zero will be to quantify, and obtain independent verification of, the Scope 1, market-based Scope 2 and Scope 3 business travel carbon emissions. We will then procure the required amount of renewable energy for Scope 2 electricity and carbon offset credits for Scope 1, Scope 2 natural gas and Scope 3 business travel carbon emissions. We will purchase carbon credits per PAS 2060, from specified and audited sources, such as the Clean Development Mechanism (CDM), Gold Standard and Verified Carbon Standard (VCS); our focus on reputable programs such as these will ensure no double counting occurs and that the projects are actively removing carbon emissions.
We anticipate that our renewable energy and carbon offset purchases will diminish each year as we continually reduce our direct and indirect emissions.
Our commitment to achieve carbon negative by 2030 means that we will have reduced our carbon emissions to the extent technically and financially feasible, and then remove more carbon from the atmosphere than we emit for our operations and business travel by 2030 and every year thereafter. We will achieve this by committing to find more complete, higher-value solutions and through strong collaboration with our clients, supply chain, governments and communities. See Section 9 of this plan for more information.
Jacobs path to Carbon Negative by 2030
The path illustrates our plan for year over year carbon footprint reduction that is balanced with renewable energy and carbon offsets/removal. The details and exact timings of both the renewable energy procurement (PPA) and carbon removal projects are ultimately dependent on market conditions and subject to vary.
“The decisions we make today are critical in ensuring a safe and sustainable world for everyone, both now and in the future.”
Co-Chair of IPCC Working Group II