Major companies, including Centrica, Tesco, BT, M&S, Unilever and Amazon have expressed concern over the country’s potential to lag behind in the green economy without strong government support.
In a joint letter, more than 100 prominent companies, including Tesco, BT, Centrica, SSE, EDF, M&S, Unilever, and Amazon call on the Prime Minister to take bolder steps towards achieving the country’s net zero goals.
The corporate giants advocate for a renewed focus and unwavering commitment from the government to ensure the timely delivery of green initiatives.
They underscored their readiness to invest significantly in green initiatives, but they also made it clear that they need the government’s wholehearted support and guidance.
A government spokesperson told ELN: “The UK is a world leader on net zero, cutting emissions faster than any other G7 country and has attracted billions of investment into renewables, which now account for 40% of our electricity.
“In the last year alone, we have confirmed the first state backing of a nuclear project in over 30 years and invested billions to kickstart new industries like carbon capture and floating offshore wind.
“We recognise the vital role that UK businesses play in growing our economy and continue to engage regularly with them to incentivise private investment and help reach our net zero targets.”
Big Zero Report is out now, after 1500 visit the show! Download the Big Zero Report now for more net zero commentary after the success of the event.
If you enjoyed this story you can sign up to our weekly email for Energy Live News – and if you’re interested in hearing more about the journey to net zero by 2050, you can also sign up to the future Net Zero newsletter.
Sourced by: EnergyLiveNews
