FSB calls for ‘just transition’ to net-zero by 2050

  • 17 Nov 2020

This week, the UK’s small businesses and the self-employed community committed to helping to achieve a net-zero carbon UK by 2050, but what does this mean for your business? And how can you be inspired to make the changes needed to help create that carbon neutral economy?

Simple changes like switching to reusable energy suppliers, reducing plastic usage and waste in workplaces, turning lights off, planting trees are simple ways to make the shift. The Federation of Small Businesses (FSB) says that smaller businesses need targeted Government support to ensure they are able to asses and reduce their own carbon footprint in ways that are appropriate to them.

 

FSB wants to see small businesses and the self-employed empowered to help the UK reaches its carbon reduction targets and it’s working with the Government to make sure it introduces environmental policies that sees SMEs as part of the solution. Measured, proportionate and timely policy interventions will give businesses a fair chance to adapt and thrive in a low carbon economy.

A joint report by FSB, the Confederation of British Industry (CBI) CBI, Make UK, British Chambers of Commerce (BCC) and Institute of Directors (IOD), entitled Just Transition to Net Zero, which sets out five core principles: ambition, accountability, delivery, opportunity and cost.

These will act as a fairness test for policymakers in planning and designing regulatory framework policies and prioritising investment.

 

This week, the Government released its ten-point plan for a Green Industrial Revolution, creating 250,000 jobs. This has largely been welcomed by FSB.

FSB National Chair Mike Cherry said: “Small firms want to play their part in the UK’s move towards Net Zero. Particularly with COP26 on the horizon, which will be led by the UK, all eyes are on government and businesses to up their environmental game so this latest announcement and its ambition is a positive blueprint for post-pandemic recovery.”

According to FSB’s recent Time and Energy report, businesses are already making key changes. Statistics show that 47 per cent of businesses would consider generating their own energy in the future, while 40 per cent believe they will own an electric vehicle within the next five years.

 

There are other ways businesses can become more sustainable. Changes like switching to reusable energy suppliers, reducing plastic usage and waste in offices, turning lights off, planting trees are simple ways to make the shift. But we know that smaller businesses will need targeted Government support to ensure they are able to asses and reduce their own carbon footprint in ways that are appropriate to them.

With COP26 on the horizon in Glasgow in 2021, there’s never been a better time to start looking ways to become sustainable.

Related topics