IoD: Only a quarter of firms have a well worked out plan to reduce their carbon impact

In a poll of over 600 business leaders, it is clear that firms are not yet confident in their ability to meet net zero goals. The survey found that only 28% of directors’ organisations measure their carbon impact, with only 27% having a well worked out plan of how to reduce their carbon footprint. Additionally, only 16% have indicated that their organisations have set a date by which they will achieve net zero.

Significantly, 51% of business leaders believe that it is the role of the Government to provide advice and guidance to businesses on how to reduce their carbon impact, with 43% believing that Government needs to decide the best way for firms to measure their footprint. 47% also state that the price of carbon should be raised to incentivise firms and individuals to switch to other energy sources.