Britain’s manufacturers are leading the charge towards net zero and decarbonising their businesses as the sector moves to slash greenhouse gas emissions, cut energy use and switch to renewable and sustainable energy sources.
Manufacturers have moved the decarbonisation of their businesses up the priority ladder despite unprecedented economic challenges, with eight in ten companies saying it is now of high or medium importance. Make UK’s research, in partnership with Siemens, Decarbonising Manufacturing – Challenges and Opportunities shows that companies are accelerating efforts to decarbonise due to rising energy costs, the need to do the right thing and the rising cost of raw materials.
Nearly half (46%) of manufacturing companies are already implementing their decarbonisation plans while a further quarter will start decarbonising within the next 12 months. An additional 17% aim to begin the process in the next 24 months.