Financial incentives to reduce carbon
emissions have proven successful for
businesses to adopt new practices, and the
Government in terms of achieving its target
of reducing carbon emissions.
Following the G7 meeting in June 2021 and
with COP26 taking place in Glasgow in the
autumn it is likely that the drive behind
reducing carbon emissions will continue, not
least due to the close scrutiny that comes
with hosting such a high profile event.
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'Another big driver in reducing carbon emissions is recruitment and retention. Across the multigenerational
workforce, younger people are increasingly looking to work for purpose-driven
organisations whose values align with theirs, and so the war for talent will be on the minds of many
businesses,' comments Hynd. 'At the other extreme, some of it might also be driven by middle
market business leaders thinking about the legacy they are leaving for the next generation.'
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