Survey finds business expects low carbon future

13th July 2018


Web emissions istock 913178698

Related Topics

Related tags

  • Business & Industry ,
  • Pollution & Waste Management ,
  • Environment agencies

Author

IEMA

A survey of businesses with science-based emissions reduction goals has found that 19% of executives expect all their companies’ products and services to be low carbon by 2028.

The YouGov survey of corporations in the science-based targets initiative also found that the environment would be seen as the second biggest factor influencing business growth in the next five years - behind only technological change - and that there would be savings for nearly a third of companies from ambitious emissions reduction goals.

In addition to the 19% of executives who expected their company to go entirely low carbon, a further 52% expected at least half of their products and services to be low carbon by 2028.

The survey drew 185 responses from companies in 37 countries.

Businesses saw benefits in being known to have set carbon reduction targets with 79% of respondents saying brand reputation was one of the greatest benefits, while 63% felt the commitment helps to drive innovation.

The Science Based Targets initiative (SBTi) is a collaboration between CDP - one of the initiative partners - the United Nations Global Compact, the World Resources Institute and the World Wide Fund for Nature.

In excess of 420 corporations have already set, or committed to set, such targets.

Dexter Galvin, CDP’s global director of corporations & supply chains, said: “Companies are increasingly aware of the risks of dangerous climate change and the business opportunities in taking action.

“It’s clear that many corporates are taking a lead by adopting science-based targets to create low carbon products and services and reduce their emissions.”

Image credit: iStock

Subscribe

Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.


Transform articles

Risks and opportunities of changing consumer demand

Consumers are flexing their purchasing power in support of more sustainable products and services. Dr Andrew Coburn, CEO of sustainability intelligence and analytics firm, Risilience, considers the risk of greenwashing and sets out three key steps businesses can take to avoid the pitfalls and meet the opportunities of changing consumer demand.

18th June 2024

Read more

Groundbreaking legislation on air and noise pollution and measures to tackle growing concerns over disposable vapes provide the focus for Neil Howe’s environmental legislation update

6th June 2024

Read more

One in five UK food businesses are not prepared for EU Deforestation Regulation (EUDR) coming into force in December, a new survey has uncovered.

16th May 2024

Read more

Regulatory gaps between the EU and UK are beginning to appear, warns Neil Howe in this edition’s environmental legislation round-up

4th April 2024

Read more

Dr Julie Riggs issues a call to arms to tackle a modern-day human tragedy

15th March 2024

Read more

The UK’s new biodiversity net gain (BNG) requirements could create 15,000 hectares of woodlands, heath, grasslands, and wetlands and absorb 650,000 tonnes of carbon each year.

13th March 2024

Read more

Campaign group Wild Justice has accused the UK government of trying to relax pollution rules for housebuilders “through the backdoor”.

14th February 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close