But they don’t know how.
In 2019, the UK committed by law to reduce its net emissions by 100% by 2050.
But while businesses want to be greener, four out of five say they need more guidance to achieve ‘net zero’.
A poor understanding of how reduced emissions would impact their company is hampering some, according to new research by BSI (British Standards Institution).
Nevertheless, 70% of the 1,000 decision-makers and sustainability professionals surveyed said their business has made, or is considering making, a solid commitment to achieving the goal.
Small firms lag behind
Pledging to achieve net zero dwindles to just 50% among small firms, however.
“With smaller businesses accounting for 99.9% of all UK firms and half of business-related emissions, this lack of commitment could severely undermine the overall net zero progress in the UK,” says BSI.
Work toward carbon neutrality has been pushed back by the pandemic for seven out of ten businesses.
“A difficult year is also reflected in what businesses see as the largest barrier to achieving net zero – cost,” add BSI.
“Forty-four percent of those surveyed identified it as their greatest hurdle to overcome, followed by clarity on what the target really means.”
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Image by Colin Behrens