Being a socially responsible and sustainable company is becoming a necessity in today’s world, as climate action has moved to the forefront of the social and political agenda. Customers, investors and employees expect companies to act in a sustainable way and climate leadership is a crucial part of that.
A coherent climate policy will ensure your company is positioned to thrive in an environment of increasing low carbon regulation.
Since April 2019 carbon reporting is mandatory for almost 12,000 UK companies – for companies with more than 250 employees, annual turnover above £36m and an annual balance sheet over £18m. More companies will be falling under this regulation as the requirements will change.
In addition, many other companies voluntarily disclose and reduce their carbon footprint as early adoption demonstrates climate leadership and helps mitigate against future regulation.