ENVIRONMENT
Business and Governments must unite to hit net zero targets A new survey by the British Chambers of Commerce (BCC) has revealed how challenging net zero targets will be difficult to hit unless governments work with businesses across the globe on making the transition. Politicians, for their part, must find ways to help businesses help themselves, especially smaller firms concerned about extra costs and red tape if they want to adopt green technology and practices.
24 | Business Connexions
More than 1,000 businesses, including some from the BCC’s International British Chamber Network, took part in the survey to understand what steps they are already taking to reach net zero and what support would encourage them to further reduce their carbon footprint. It found most businesses were either unaware of or were not taking steps to get involved in key net zero strategies. These included the impact of changes to food supply chains (93%), a ‘Just Transition’ to net zero (93%), or the use of ‘nature-based solutions’ (89%). The survey also highlighted how businesses want to see capital grants and tax allowances to support them to make the transition. A previous BCC survey, from July, found that although most firms were taking steps to reduce their carbon footprint, only one in 10 currently measure their carbon footprint, falling to just one in 20 for microbusinesses.
