Responding to the Prime Minister’s 10-point plan for a green
industrial revolution, Jonathan Geldart, Director General of the
Institute of Directors, said:
“Going net zero will be a huge challenge for the whole economy,
but business leaders are behind the Government’s ambition.
“The Prime Minister is right to put private sector innovation at
the heart of the strategy. To effect change, what businesses need
most is clarity and leadership from Government, and today’s plan
is an important step in that regard. For instance, the 2030
target for polluting cars may be stretching, but it provides
something clear for the industry to aim toward.
“This plan is a beginning, not an end. Practical issues around
the implementation of these goals will inevitably emerge. More
information is still needed in areas, such as nuclear power and
carbon pricing. Further funding will no doubt be needed in the
years to come.
“In aiming for net zero, one of the big challenges will be
enabling directors to translate top-line commitments into action
at the company-level. Businesses of all sizes should be empowered
to make a difference. Nine in ten IoD members believe it’s their
responsibility to take action on climate change in their
organisation, and greater investment incentives would help to
capitalise on this enthusiasm.”
