Many UK companies are unsure where to start for decarbonisation
Outlook 2022: Plan for decarbonisation now or pay later
Many firms are yet to formulate a clear plan to get to net zero, despite the rising cost of inaction
The UK government has set ambitious decarbonisation targets for industry to enable the economy to reach net-zero carbon emissions by 2050. While some multinational businesses are engaging in trials of new technologies and processes to reduce their emissions, many have yet to formulate a clear plan to get to net zero, and many more have not begun to seriously consider the problem. For some, it would seem there is not yet a compelling financial reason to act. Many businesses are reluctant to implement carbon reduction measures until the cost of doing nothing outweighs the cost of doing something. For other businesses, there may be no obvious ready-made solutions to their decarbonisation challe
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
