As the world navigates the critical journey to Net Zero, manufacturing businesses are at the forefront of a profound shift in the political, economic, and environmental landscape. In response, BEAMA (The trade association for Energy Infrastructure and Systems) is proud to launch its comprehensive climate change report, providing a roadmap for businesses to effectively mitigate their impact on the environment.
The report, titled "Climate Change: A Guide for Manufacturing Businesses on the Journey to Net Zero", offers a comprehensive analysis of the intricate web of factors shaping the impact of climate change on manufacturing businesses. It highlights the urgent need to limit global temperature increases, the downstream market pressures driving change, and the imperative for sustainability.
The report underscores the importance of climate adaptation planning, setting greenhouse gas emissions reduction targets, and formulating credible transition plans. By providing a foundation for informed decision-making and scientific action, the report offers top-level steps to help businesses start their Net Zero journey.
"We recognize that climate change is a pressing issue that requires immediate attention," said Yselkla Farmer, CEO of BEAMA. "Our report is designed to provide guidance and support to manufacturing businesses as they navigate this critical period. By adopting a proactive approach to climate change, we can ensure a sustainable future for our industry and the wider economy."
The report is not an endpoint, but rather a starting point for businesses to take action. It encourages companies to ask themselves not whether to act, but rather how swiftly and effectively they will adapt to the changing climate landscape.
The report's key findings and recommendations include:
- The importance of setting science-based emissions reduction targets and developing credible transition plans
- The need for climate adaptation planning to mitigate the risks associated with climate change
- The role of circular economy principles in reducing waste and emissions
- The importance of engaging stakeholders and communicating climate action plans to employees, customers, and investors
To download the full report click here
