We recently commented on the Government's Clean Air Strategy
raising awareness of the potential impact on a wide range of
businesses if they failed to plan ahead to ensure compliance.
Hot on the heels of this follows the Government's Green
Finance Strategy, launched on 2 July 2019.
This strategy, together with the Clean Air Strategy and other
policies whose objective is to take the UK towards carbon neutral
targets by 2050, may present significant challenges for many
companies, particularly if they fail to plan ahead.
Businesses will have to consider the impact on the environment
of business decisions, whether finance will be available to meet
their business needs and the impact on the company's financial
position if asset valuations are affected.