The UK government's decision to postpone key green targets has sent shockwaves of uncertainty through business and investor communities
Industry voices have been quick to express their disappointment, and rightly so. In the quest for maintaining the UK’s position as a world leader in green growth and achieving net zero emissions, stability and confidence are non-negotiable. What’s needed most are clear and unwavering commitments from the government.
Private sector proactivity
In the absence of clear government leadership, the private sector must take proactive steps in its sustainability journey. Relying solely on government interventions to address environmental concerns is no longer a viable strategy. This is especially true considering the green legislation emerging from the EU and the US, along with the forthcoming Corporate Sustainability Reporting Directive (CSRD). The CSRD will mandate thousands of companies to regularly publish data-driven reports on their environmental credentials.
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