by Thomas Crean, senior carbon and energy consultant at Envantage.
It is encouraging to see the UK government’s commitment to reducing carbon emissions, with the publication of the long-awaited net zero strategy. Clearly, there are some enormous challenges ahead and it will require significant behavioural change as well as great strides in innovation to have any kind of meaningful impact.
The headlines from the much-trailed strategy are not surprising, with the phasing out of gas heating, significant emphasis on renewables and nuclear, along with investment in the infrastructure to support electric transportation. But the devil is always in the detail and in this case, there are 300 plus pages of finer detail.
2020s – the decade for action
The key takeaway message for businesses operating across all sectors of the economy is clear. The hard stop goal for becoming net zero is 2050, but right now is the time for action. It is not overstating the issue to say that what you do in the next 10 years will define the future not just for your business, but for everyone.
Along with these proposals, the Chancellor, Rishi Sunak, also unveiled plans for more stringent rules on environmental reporting today – in a bid to stamp out so-called ‘greenwashing’. The new Sustainability Disclosure Requirements (SDR) have been brought in to ensure investment decisions can be made on reliable information. This, coupled with efforts by the UK’s Competition and Markets Authority (CMA) to clamp down on spurious ‘green’ claims with the publication of the Green Claims Code in September, underlines the need for targeted and meaningful action.
To help all organisations to get on the right path to net zero, it is important that we will have the first science-based framework for companies to set targets when the Science-Based Targets initiative (SBTi) launches the ‘Net-Zero Standard’ later this month.
Introducing the Carbon Roadmap Programme
At Envantage, we have embedded the best practice approach championed by the SBTi in our Carbon Roadmap Programme. Providing a clear and bespoke framework for action, it supports organisations at every stage – from gaining a greater understanding of their greenhouse gas emissions and current carbon management to establishing appropriate targets and formulating an action plan.
To find out more about how Envantage help you to define a more sustainable future in the low carbon world, get in touch with our expert team.
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