47% increase in major companies signing up to Race to Zero

47% increase in major companies signing up to Race to Zero

Posted by

Marc Murphy

May 2021

There has been a 47% increase in major companies signing up to the United Nation’s Race to Zero campaign to limit climate change since the UK took up the Presidency of the G7.

The news comes as the UK convenes a Business 7 Summit today (10 May, 2021) as part of its G7 Presidency, ahead of Leader-level discussions at the G7 Summit to be held in Cornwall this June.

The CBI is chairing the B7 summit to mobilise international business behind the G7 agenda and ahead of the COP26 climate summit in Glasgow later this year.

COP26 President-Designate, Alok Sharma, is urging even more companies to join the Race to Zero and establish plans to meet their commitments. Addressing over 200 CEOs across the G7+ countries, he will say today:

“In the fight against climate change, it is vital that we have the ingenuity, influence and energy of the private sector on our side.

“Analysis suggests that, together, 215 of the world’s biggest companies have almost $1 trillion at risk from climate impacts. Yet, those same companies have the potential to gain double that amount from the move to green economies.

“Joining Race to Zero is a clear statement that you can see the possibilities our green future presents. And that you are determined to take them. And it tells your customers that you are serious about genuine climate action.

“Take the opportunities presented by the low carbon economy. And play your part in this momentous year for climate action, the year of COP26, in making the goals of the Paris Agreement a reality.”

Fleet Alliance is situated close to the COP26 conference centre in Glasgow. The fleet management company has committed to EV100, a business-led drive to make electric vehicle fleets standard by 2030.

“We fully endorse the road to zero, and will ensure we play our part in reducing climate change by ensuring that our managed fleet of over 30,000 vehicles will be zero emission by 2030,” added Martin Brown, Managing Director of Fleet Alliance.


You also might like…

If you liked this article then check out our posts about similar topics

2024 will be the year of the EV with greater supply and lower prices, says Fleet Alliance

2024 will be the year that companies look to accelerate down the electrification route, as they seek to meet their own E...

Automotive transmission specialist Xtrac opts for EV salary sacrifice scheme from Fleet Alliance

Xtrac, the world’s leading supplier of high-performance transmissions for top level motorsport and high-performance au...

Fleet Alliance reports strong uptake in EV salary sacrifice

Increasing numbers of businesses are adding the employee benefit of leasing an EV through a salary sacrifice scheme to t...

Edwin James Group targets carbon reduction with electric vans from Fleet Alliance

Edwin James Group has taken delivery of its first electric vans from Glasgow-based fleet management specialist, Fleet Al...

IBMG halves its carbon footprint with Fleet Alliance

The Independent Builders Merchant Group (IBMG) has seen a reduction of more than 50% in the carbon footprint of its flee...

Fleet Alliance offers new tool to help businesses assess EV readiness

Fleet Alliance, the Glasgow-based leasing and fleet management specialist, has introduced a new solution to help busines...

Spring Budget brings a welcome cut to fuel duty

Chancellor, Jeremy Hunt, brought some cheer for fleet operators when he confirmed that the 5p cut in fuel duty, announce...

Salary sacrifice remains the choice for everyone following Autumn Statement

Salary sacrifice is to remain the choice for thousands of employees wishing to move to electric cars Using the hashta...

Ready to make the management of your fleet more efficient?

Request a call back


Or Call Us On: 0345 601 8407
Schedule a call back