A third of FTSE companies haven’t got clear targets to cut carbon emissions, according to new research.
Analysis released by the Carbon Trust showed that only 59% of FTSE 100 companies have clear, robust targets to cut carbon emissions.
The news suggests that many companies aren’t fully prepared to reduce their carbon footprint despite the UK adopting ambitious new carbon targets last month.
The Carbon Trust wants businesses to see the opportunities provided by this new agenda. Tom Delay, chief executive said: “The Government’s decision to set a legally binding target on greenhouse gas emissions beyond 2020 makes it clear that the UK intends to be a global leader in the low carbon economy.
“Taken alongside increased consumer demand for low carbon products, 2011 is the year for businesses to develop strategies and set clear targets to help them plan and capitalise on green growth opportunities.”
Business lobbyists at the CBI echoed this, pointing to the fiscal benefit of going ‘green’. Rhian Kelly, CBI Director of Business Environment, said: “We would encourage businesses to set targets for reducing their carbon footprint because this will help them reduce costs, as well as emissions.”