Why funding net zero is contentious
Cutting the UK’s emissions to net zero by 2050 is going to require big changes. And potentially big investment. While research we recently conducted found businesses are optimistic about embracing these changes, there is understandably concern about how the transition will be funded.
Net zero: what do businesses really think?
For a term that’s a relative newcomer to our everyday business language, net zero has gained a lot of traction in a short time.
A Google search, for example, brings up 1.47 billion results. And businesses of all sizes are feeling under pressure to have an official stance regarding their commitment to net zero.
Certainly, we hear from customers everyday asking for help with defining or delivering a net zero strategy. But what do businesses really think?
The road to net zero: three views UK businesses share
If one positive can be taken from the events of 2020 so far, it’s the glimpse lockdown gave us all of a low-carbon future; with emissions down, cleaner air, and renewables successfully powering our homes and businesses.
Little wonder then, that while actively pursuing decarbonisation stalled during the Covid-19 crisis, the reopening of our economy has brought with it a renewed focus on net zero goals.
But while businesses, industry bodies and action groups are increasingly calling for sustainability to be placed at the heart of a ‘green recovery’, clear guidance and meaningful support for organisations who want to take their own strides towards net zero is yet to be provided by UK policymakers.
How your business can benefit from the green recovery
As businesses across the UK – and indeed the world – focus on getting back on track, there’s a growing impetus to embed greater sustainability into the recovery.
Have we reached a tipping point for electric vehicles?
Once the preserve of the eco-conscious ‘early adopter’, research suggests it won’t be long before electric vehicles (EVs) become the norm on UK roads.
Back to business with a forward focus
There’s a lot of talk about getting ‘back to business’ as lockdown restrictions are eased and we start to pick up economically.
But for many organisations, forwards is where they are now focused. And with so much noise around net zero and how businesses will need to play a vital role in helping the UK reach its decarbonisation targets, decisions around energy use and management will be key.
Changes to system balancing charges: Time to have your say
Balancing Services Use of System (BSUoS) charges have been in the spotlight recently, thanks to the increased costs National Grid is incurring to balance energy supply with reduced lockdown demand.