Helen targets net zero emissions by 2040, drops carbon neutrality goal

• Helen Ventures-backed Helen reset its climate strategy to target net zero emissions by 2040, replacing its prior carbon-neutrality goal.
• Science Based Targets initiative-backed plan targets a 97% cut in energy-production emissions by 2040 versus 2019, with a 77% cut by 2030.
• Offsets will be limited to permanent carbon-removal methods, shifting emphasis toward direct emissions cuts.
• Direct greenhouse gas emissions fell to 0.6 million tonnes CO2-eq in 2025, down 56% year over year.
• Strategy retains a 2040 exit from combustion-based energy production; small nuclear reactors remain under review as a potential option.

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