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Northern Energy Capital's Commitment to Net-Zero: 12-month update

Northern Energy Capital

Published February 24, 2024



At Northern Energy Capital (NEC), we are dedicated to leading by example in the clean energy transition. A year ago, we made a significant commitment towards a sustainable future by joining Environment and Climate Change Canada's Net-Zero Challenge. This ambitious initiative calls on organizations nationwide to take definitive steps towards achieving net-zero carbon emissions by 2050, aligning with the global effort to mitigate climate change and transition towards a greener economy.


One year later, we are excited to share our progress and the actions NEC has taken on our journey to net-zero 2050. As part of our commitment, we've completed the first major milestone by submitting a Preliminary Net-Zero Plan to Environment and Climate Change Canada as part of our Challenge Participation Checklist.


NEC_Preliminary Net-Zero Plan_2024
.pdf
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Key Insights from NEC's Net-Zero Plan:

  • 2023 Emissions: 15 tCO2e, primarily from Scope 3 (indirect sources)

  • Strategic Targets:

    • 2030: Aim for a 25% reduction in emissions, focusing on IT and office waste management.

    • 2040: Target a 35% reduction in Scope 3 emissions through operational improvements and sustainable procurement.

    • 2050: Strive for net-zero by balancing emission reductions with strategic offsets.


Join Us on Our Journey

Northern Energy Capital is dedicated to meeting Net-Zero Challenge goals. Download our Preliminary Net-Zero Plan to learn about NEC's ambitious path to net-zero 2050. Together, we can create a sustainable future, setting a benchmark for responsible corporate conduct and environmental preservation.




About Northern Energy Capital (NEC)


Northern Energy Capital is a renewable energy development company, established in 2015, dedicated to empowering northern and remote communities in their transition from fossil fuel consumption to clean energy asset ownership. NEC is the development partner of choice for off-grid and remote communities that seek to achieve energy independence through locally owned and locally produced renewable energy.


Are you interested in working with Northern Energy Capital on your next renewable energy project? We would love to hear from you! Contact us at contact@northernenergycapital.com or 250-213-8185 to learn more about how we can help you achieve your energy goals.

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