What Is Race To Zero And What Does It Mean For Businesses?
As the UK prepares to host the 26th UN Climate Change Conference of the Parties (COP26) in November 2021, you are increasingly likely to hear the phrase ‘Race to Zero’. In this factsheet we describe the Race to Zero campaign and outline what it means for responsible business.
The factsheet includes examples from efforts being made by Business in the Community (BITC) members: Anglian Water, AXA, PwC, Severn Trent, Unilever and United Utilities to become net-zero.
Race to Zero
To support the private sector to help meet climate targets the United Nations Framework Convention on Climate Change (UNFCC) launched the global Race to Zero campaign. It aims to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth. BITC urges organisations to join one or more of the Race to Zero initiatives. You can read details of some of these in our factsheet COP26: What does it mean for responsible business?
How Business in the Community can support you in your Race to Zero
BITC is a member of the UK Business Group Alliance for Net-Zero, an informal network of leading business groups working to increase political and business ambition with the aim of achieving net-zero by 2050 in the UK. We are working to equip and support all our members to commit and implement their climate action plans.
Our environment and sustainability agenda encourages innovative and transformational change at the core of business. Our programmes focus on building a one-planet economy that delivers lasting prosperity through the UN Global Goals, also known as the Sustainable Development Goals (SDGs).
We are supporting BITC members to set net-zero carbon targets that align to the United Nations’ target to limit temperature rises to 1.5°C above pre-industrial levels. Speak to your BITC relationship manager about an environmental advisory services package to get bespoke support for your business.
Join our Net Zero Carbon Taskforce to collaborate with other businesses at the forefront of the journey.