Squadron Energy is a business division of Tattarang. Tattarang accepts the scientific assessment of the Intergovernmental Panel on Climate Change (IPCC). In the same spirit, Tattarang supports:
The IPCC has identified 2020-2030 as the critical decade for action on greenhouse gas emissions. According to the World Meteorological Organization, the average global temperature has already risen by over 1 degree C since the pre-industrial era. This one degree difference has resulted in three coral bleaching events on the Great Barrier Reef in five years, underscoring the need to limit temperature rises to no more than 1.5 degrees. The scale and severity of bushfires in Australia over the summer of 2019-2020 was a clear example of how increased weather volatility due to climate change is already contributing to the intensity and scale of natural disasters.
The time to act is now. Collectively, we must act with all speed and determination to reduce emissions and create pathways to achieve a net-zero emissions global economy. Climate change is already exacerbating environmental degradation and as a society, we must also adapt to protect human health and threatened ecosystems through environmental conservation measures, including effective plastic waste management. We must act immediately if we are to effectively adapt to the impacts of climate change and to achieve net-zero emissions well before 2050. If we do not act, we risk leaving enormous challenges, and terrestrial and marine ecosystem-wide destruction to our next generation. Tattarang accepts this call to action.
Tattarang has commenced an assessment to estimate the emissions from its investments, activities and operations. This will provide critical data upon which Tattarang can implement a range of actions including the development of science-based emissions reduction targets and emissions avoidance and mitigation projects.