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ReNews.biz:

A global group of companies working across the power sector have created a new initiative to "promote a fair and just transition to net zero".

Led by SSE, the 11 founding partners have worked together since COP26 to develop the Powering Net Zero Pact.

The Pact sees the firms – which operate in over 100 countries, collectively employ around 240,000 people and have a combined turnover of more than £55bn (€64.4bn) – promise to uphold a series of social, environmental and corporate commitments. 

These include achieving net zero; working towards 1.5°C science-based carbon targets; protecting the natural environment; guaranteeing fair work practices including living wages and freedom of association; targeting human rights risks across global operations; and supporting local communities and supply chains around projects. 

Between them, the founding partners are working on some of the largest low-carbon infrastructure projects in the world.

These include the £3.6bn Dogger Bank, which will be the world’s largest offshore wind farm, Scotland’s largest offshore wind farm £3bn Seagreen and the £580m Viking onshore wind farm.

[Staff Report]

More: Global power companies make net zero pact

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