Majority of UK business lack climate change strategy
While increasing numbers of UK firms are aware of the growing importance of climate change as a business issue, more than eight out of ten of them do not have a strategy in place to deal with the situation.
That's according to a new survey undertaken by KPMG, which discovered that 85 per cent of senior executives questioned believed that climate change was a major issue, while 77 per cent were of the opinion that it would only become more important.
However, with 82 per cent admitting to not having a clearly-defined strategy in place as to how their firm should respond to the issue, KPMG's Richard Sharman called for more government action to support businesses.
"Business is looking for improved communication and a clear regulatory framework from the government to provide certainty so that they know where to focus their emission saving efforts," he said.
"Any significant investment in new carbon efficient business practices or energy saving technology is unlikely to go ahead until they fully understand the impact of regulation."
Creating a green supply chain and winning the support of employees for changes were the key barriers identified by businesses attempting to introduce carbon-friendly management practices.
Article Date: 19 February 2008
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