Inward Investment Values Wheel

Net Zero

When we talk about Net Zero, we mean…

Scotland’s ambition to be Net Zero by 2045, where the amount of greenhouse gas emissions put into the atmosphere will equal the amount we are able to take out.

But we also use ‘Net Zero’ as an over-arching term to describe wider environmental issues and our approach to:

• Help businesses address climate-related economic opportunities.
• Safeguard and improve Scotland’s valuable natural capital, including biodiversity.
• Ensure a just transition to Net Zero, where benefits are shared in a just and fair way.
• Scale up the adoption of sustainable, circular business models.

This will help create new green jobs:

• Jobs in businesses that produce goods or provide services that benefit the environment or conserve natural resources.
• Jobs in which workers’ duties involve making their establishment’s production processes more environmentally friendly or use fewer natural resources.

What will we do

• We will actively seek out organisations who recognise the long-term advantages of a Just Transition to Net Zero and have open and honest conversations about how we can work together to recognise these shared ambitions.
• We will ensure inward investment operates as a lever to drive progress towards our climate change targets and support businesses locating in Scotland to share in the economic opportunities of a Just Transition to Net Zero.
• We will use inward investment to create more green jobs in Scotland and establish a leadership role in the global economic shift to Net Zero, ensuring our transferrable skills can be used to support green projects.
• We will prioritise support to the companies and organisations that want to work with us to help us meet our emission reduction targets.