Business in the Community says green economy must be embedded within UK PLC to avoid existential threat

In response to the Office for National Statistics report, Low carbon and renewable energy economy, UK (2018), published this morning, Gudrun Cartwright, environment director at Business in the Community – The Prince’s Responsible Business Network – said:

“Coming straight on the back of David Attenborough’s climate change warning that ‘the moment of crisis has come’, this latest report on the green economy makes for sober reading.

“The uncomfortable truth is that the low carbon and renewable energy economy made up just 1 per cent of total UK non-financial turnover and employment in 2018, and has stagnated at that level for several years.

“While employment numbers and turnover in the UK’s low carbon and renewable energy economy increased slightly on the previous year, they’ve not increased anywhere near enough.

“We only have two or three business planning cycles before our ten-year deadline to limit climate change catastrophe, but the green economy is still tiny in comparison.

“There’s a lot of talk among businesses about the need to tackle climate change and environmental issues, but considerably less walk.

“The green economy needs to be urgently embedded within UK PLC if we are to avoid an existential threat.  

“Businesses must act decisively to eliminate waste, set net zero carbon targets, invest in supply chains, support customers and harness the power of employees to lead at every level, so that we can innovate at the speed and scale needed to repair and sustain our planet.” 

Ends

Media contact

Katherine Howbrook, head of media and external affairs, Business in the Community, 07515 119096, katherine.howbrook@bitc.org.uk

About Business in the Community 

Business in the Community is the oldest and largest business-led membership organisation dedicated to responsible business. We were created nearly 40 years ago by HRH The Prince of Wales to champion responsible business.  

We inspire, engage and challenge members and we mobilise that collective strength as a force for good in society to:  

  • create a skilled, inclusive workforce today and for the future 
  • build thriving communities in which to live and work 
  • innovate to repair and sustain our planet.

 www.bitc.org.uk