Drax is committed to enabling a zero carbon, lower cost energy future. We are positioned to contribute to solving the climate crisis in multiple ways: both by decarbonising our value chain and the value chains of our customers, and also by permanently removing and storing carbon from the atmosphere.
Our Climate Transition Plan (CTP) sets out our climate ambitions, our targets and how we plan to achieve them, alongside how we will contribute to both our sector, and the economy-wide transition to net-zero.
Our CTP shows how we aim to meet our SBTi Near Term and Net Zero targets for GHG emissions at every step in our value chain. Our plan specifies timings, action areas and the potential financial investments required to enact the changes that are needed to achieve these targets, organised around the three core principles of Ambition, Action and Accountability.
By publishing this, we aim to provide stakeholders with confidence that our targets are supported by tangible actions. It also demonstrates our commitment to providing greater transparency to our stakeholders.
