By Thursday (4 November), 60 of the FTSE 100 – with a combined market value of over £1tn – had committed to a net-zero target as part of the United Nations Race to Zero campaign. They are part of the 5,200 companies which have joined up to the UN pledge. Nearly half of these companies are British.
“Businesses both large and small, across all sectors of the global economy, have a crucial role to play in both reducing their environmental impact and developing the green technologies that will set us on the path to net-zero,” said business and industry minister Lee Rowley.
“With over 2,500 UK companies joining the Race to Zero, including the majority of our largest firms, the UK is leading the way in showing how going green doesn’t just make sense for the planet, it makes business sense, too.”
UK net-zero business champion Andrew Griffith said: “As the world seeks bold solutions to combat climate change, we need businesses of all sizes to put the environment...