Some 49% of UK firms with over 10 employees concerned about the impact of climate change on their business, reveals a ONS survey by Reconomy.
When asked what steps, if any, they had taken to protect the environment, an identical proportion (49%) were unable to identify any measures with over a quarter (28%) saying they were unsure what, if any, climate change action they had taken.
Of the most popular responses, around one in 10 (8%) businesses said that they had a climate change strategy in place, 7% monitoring climate-related risks with a further 6% establishing targets around net zero and greenhouse gas emissions.
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Reconomy head of sustainability Diane Crowe commented: “Many firms are proactively taking the initiative to embed sustainability at the heart of their business.”
“We firmly believe that as the transition to the circular economy accelerates, these businesses will be best-placed to prosper,” she added.
“There has been significant progress from businesses in the UK effecting positive environmental change and a growing recognition of its importance in meeting emerging regulation and governance requirements,” Crowe continued.
“As this data demonstrates, however, we still have a way to go in transforming corporate attitudes around sustainability and in ensuring warm words on the environment translate into positive change and action.”