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On the Road to Net Zero Certified B Corporation

Our thinking

We regularly share our latest thinking on emerging topics and ideas in the worlds of business, society and the environment, along with our weekly sustainability digest, Friday 5.

Take two

7 January, 2021

We often start a year thinking it’s going to be very important for climate action. This year, with COP26 looming, it really is.  

First, the UK Government recently approved a new target to reduce emissions by 68% by 2030 compared with 1990 levels, an increase from the previous target of a 53% reduction. This came on the recommendation from the Climate Change Committee’s Sixth Carbon Budget in December, which mapped out the UK’s path to net zero in the greatest detail yet. 

Pursuing a green agenda has been prioritised by the Government recently, perhaps as it seeks to maintain influence post-Brexit, and although there is still a long way to go, this is an area where the UK does relatively well. Last year, a record for coal-free electricity generation was broken with a stretch lasting over two months as the electricity grid continues to decarbonise. Meanwhile, the Covid-19 stimulus package came out as the third most ‘green’ in an analysis by Vivid Economics. 

The reduction in travel and energy consumption during the first lockdown saw emissions fall for a period and gave many people an opportunity to take a step back and reconsider emissions-intensive activities. However, the pandemic was not good for tackling climate change on the whole, of course – climate action was delayed across the world as funding and attention was diverted towards Covid-19 relief measures. 

Every year, the challenge of overcoming climate change grows as the crisis increases in scale, and winning slowly is – in the end – not much different to losing. However, as we better understand how to tackle it, there are sources of optimism, and COP26 will this year (again) provide a crucial platform for progress in the UK and beyond. 

By Patrick Bapty

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