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Westminster Asset Management
Home Business Environment

ESI Monitor commits to Paris Agreement’s net-zero pledge

April 21, 2021
in Business, Environment, Guernsey
Marc Laine - ESI
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ESI Monitor (ESI) has committed to becoming carbon neutral and pledged to bring its carbon emissions to net zero by the end of 2021.

Becoming net zero means that a commitment has been made to reduce the amount of carbon that has been produced by ESI as far as possible, then to offset that which cannot be avoided. As part of the Paris Agreement, many countries around the world have committed to becoming carbon neutral between 2030 to 2050, with other companies also signing up to the pledge.

Marc Laine, managing director of ESI Monitor, said: “According to the UN’s 2020 Emissions Gap Report, C02 emissions fell by 7% in 2020 due to Covid-19, however the pandemic offers only a short-term reduction in global emissions. To better meet the Paris agreement, scientists believe that a low carbon pandemic recovery could cut 25% of the emissions that we would otherwise expect to see in 2030.

“Now more than ever it’s vital for people, businesses and even countries to show their commitment to becoming carbon neutral. Setting an ambitious goal, such as ours, is critical to achieving a carbon neutral world by 2050 and limit global warming to well below 2°C – we must take action now”.

To mark World Earth Day, Thursday 22 April, ESI has also created an area on their website that will be dedicated to showcasing Channel Island businesses who have signed up to the net zero pledge. This will help inform islanders on which businesses are committed to sustainability and ESI asks that you support these businesses.

Marc continues: “ESI has committed to become carbon neutral this year and we want to highlight Channel Island businesses who have also joined the pledge. Accountability and transparency are key and with sustainability becoming a core value for many, it’s important to demonstrate who has begun to walk the talk”.

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Reece Mackie

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