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April 29, 2024

UK companies backslide on progress towards Paris Agreement

The report reveals that only 62% of the UK companies analysed were achieving yearly emissions reductions in line with the Paris Agreement in 2023, compared with 67% in the previous year © Hollie Adams/Bloomberg
The report reveals that only 62% of the UK companies analysed were achieving yearly emissions reductions in line with the Paris Agreement in 2023, compared with 67% in the previous year © Hollie Adams/Bloomberg

UK companies are decarbonising at a slower rate than they were in 2022

Companies in the UK will stop decarbonising in three years’ time if their emissions reductions continue to slow at their current rate, according to research by consultancy Bain & Company and non-profit CDP.

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