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Delivering a net zero economy by 2050 will require urgent action from businesses across all sectors. Companies must respond to growing demand from investors and customers by making climate change a Boardroom priority. Firms that act now will not only play their part in avoiding the devastating impact of climate change but also steal a march on their competitors.

Carolyn Fairbairn

Director-General - Executive Committee, CBI

“Carbon emissions have to decline by 45% from 2010 levels over the next decade in order to reach net zero carbon by 2050.  This requires a massive reallocation of capital. If some companies and industries fail to adjust to this new world, they will cease to exist.”

Open letter on climate-related financial risks from the Governor of Bank of England Mark Carney, Governor of Banque de France François Villeroy de Galhau and Chair of the Network for Greening the Financial Services Frank Elderson