Businesses urged to break the link between growth and emissions

High-growth companies are being urged to break the link between business success and rising emissions.

A new report from the Carbon Trust found that high-growth companies have a major role in leading the net zero transition but need enabling conditions to do so, including supportive government policy and updated target setting standards.

The report outlines the business benefits of prioritising emissions reductions and seizing low carbon opportunities, including improved financial resilience, enhanced competitiveness, and in turn reinforced investor confidence.

Although uptake of clean technologies like renewable energy and electric vehicles can markedly speed up net zero transitions, the report current methodologies do not account for the nature of asset replacement lifecycles, with many sectors undergoing step changes in technologies rather than continuous improvements.