Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the extent to which businesses are on track to meet the Government’s 2050 net zero target.

This year, the eyes of the world will be on the UK as we host the G7 and COP26. Business action on climate is vitally important to achieving a successful summit and presidency and meeting net zero emissions by 2050. Together these provide an excellent opportunity to showcase businesses as global leaders in tackling climate change in the year leading up to COP26.

The Government has appointed my Hon. Friend the Member for Arundel and South Downs (Andrew Griffith) as the UK Net Zero Business Champion for COP26. Andrew will drive the action needed to encourage UK businesses to sign up to the Race to Zero. This sends the strongest signal to markets, supply chains, governments and consumers that businesses are committed to the Net Zero transition.

We have met our emissions reductions targets to date, and to monitor emissions across all sectors of the economy, BEIS publishes an annual assessment of projected emissions, including those from business and industry, as part of the department’s Energy and Emissions Projections (https://www.gov.uk/government/collections/energy-and-emissions-projections).