Velocys has joined the SME Climate Hub, a global initiative launched to help small and medium-sized companies to adopt sustainable measures as part of their activities to achieve the most ambitious target set in the Paris Agreement: net zero greenhouse gas emissions by 2050.
The SME Climate Hub is founded by the We Mean Business Coalition, Exponential Roadmap Initiative, the International Chamber of Commerce and the United Nations – through the ‘Race to Zero’ campaign – in collaboration with the University of Oxford and Normative. The Campaign is a global UN sponsored initiative that mobilises and urges businesses, cities, regions, investors and civil society to adopt crucial measures to significantly impact global emissions by 2030, as a first step to achieve carbon neutrality in the future.
Velocys views its commitment as a natural extension of its own suite of technology offerings and services which enable the production of sustainable fuels to decarbonise the aviation sector. This decarbonisation has a significant and urgent role to play in reaching net zero targets agreed by world leaders at COP26. In becoming part of the SME Climate Hub, Velocys is seeking to strengthen this network of companies adopting and espousing sustainable measures in order to hasten the collective path to net zero.
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