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ARTICLE · 04 APRIL 2023

Industry Faces A Further Push To Decarbonise

Are carbon-intensive manufacturers in the aerospace and automotive sectors ready to press ahead with plans to decarbonise their sourcing strategies and production processes?

United KingdomEnvironment

The UK government has re-confirmed its commitment to reduce greenhouse gas emissions to net zero by 2050 and, to coincide with COP27, a draft framework and guidance have been published to support businesses in preparing high-quality transition plans. But are carbon-intensive manufacturers in the aerospace and automotive sectors ready to press ahead with plans to decarbonise their sourcing strategies and production processes?

HM Treasury's Transition Taskforce Plan (TPT) published a new Disclosure Framework and Implementation Guidance last week, which is subject to a public consultation by 28 February 2023. These useful documents aim to provide businesses with the information and guidance needed to create rigorous transition plans to support the delivery of their net-zero commitments.

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