Twenty one businesses with operations in the UK have written to the EU urging they continue to focus on tackling climate change.
The letter points out how important leadership on climate change is to jobs, and the organisations strongly believe the EU need to keep climate change at the top of their list of priorities in order to encourage investment, growth and ensure the EU remains competitive when compared with other major economies.
Jill Duggan is the Director of the Corporate Leaders Group and EU Green Growth Platform. She believes a ‘strong, ambitious policy’ framework is required if requirements in the Paris Agreement are to be met.
She said: “This letter is a timely reminder that Europe’s leadership on climate is being challenged by the large emerging economies, and that a strong, ambitious policy framework is needed to help European industry transiation to the low carbon economy required to meet the Paris Agreement.”
In particular, the letter highlights the emergence of countries like China and India, and their economies, and strong leadership, it is said, is desperately needed to make sure that the EU reaches its target for low carbon goods and services.
Overall, the businesses that have signed this letter generate more than €300 million in revenue, and in turn, represent an investors’ association managing assets worth approximately €18 trillion.
One of the companies who signed the letter was Interserve and their Director of Sustainable Strategy, Mat Roberts, believes strong leadership is ‘vital’ in order to introduce polices that guarantee a sustainable future.
“As a company that has been working hard to reduce our absolute carbon footprint for many years – as part of our Group-wide SustainAbilities plan – we believe it is vital that we see strong leadership from the EU in the ongoing battle to tackle climate change.
“We need European ministers to introduce policies that stimulate investment and innovation to deliver new and improved low carbon solutions to secure our sustainable future.”
Other businesses who signed the letter sent to the EU include Thames Water, Philips, EON, Ferrovial, Skanska, Anglian Water, EDF Group and Unilever.