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Businesses call for tougher climate change laws to boost UK plc
Britain’s biggest companies have called on Government to legislate even
tougher climate change goals in the wake of the International Panel on
Climate Change’s.
The alliance of major companies including John Lewis Partnership,
Marks & Spencer and BT together with City giants Aviva Investors and
Legal & General said the UK should accelerate its drive to cut
emissions to “unlock a significant innovation and investment
opportunity”.
The Aldersgate Group, which also includes Ikea and manufacturer
Siemens, spoke out following a landmark report from the UN’s IPCC that
warned that global warming must be kept below 1.5 degrees Celsius from
pre-industrialised levels to avoid a climate catastrophe.
“Whilst achieving such a target will require challenging emission
cuts across the economy, important progress has already been made and an
increase in ambition would unlock a significant innovation and
investment opportunity,” said Nick Molho, head of the Aldersgate Group.
