90% of UK firms ‘don’t plan towards low carbon economy’

Nine out of 10 UK businesses have not adapted their plans towards a low carbon economy. That’s according to new research by Aston University. The study found business leaders “are struggling […]

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Nine out of 10 UK businesses have not adapted their plans towards a low carbon economy.

That’s according to new research by Aston University.

The study found business leaders “are struggling to adapt to a greener economy, despite their ongoing obligations to do so”.

It adds more than a third (38%) of business leaders say “they do not see climate change and the transition to a low carbon economy as a concern” while another 41% see it as just a “minor concern”.

Despite 66% of bosses believing their firm has a responsibility to do something about climate change and support the transition to a low carbon economy, only 7% have adapted their corporate strategy and future plans to accommodate the issue, the report claims.

It went on to say a further 16% “have plans to make significant changes” while 32% say their business “is not adapting its plans at all”.

Professor Dame Julia King, Vice Chancellor of Aston University said it is “evident present businesses are not necessarily prepared and equipped to respond to the challenge”.

She added: “Through education and career opportunities, we can harness this sense of responsibility to the benefit of both young people and future employers.”