As the global call for climate action intensifies, UK-based small and medium-sized businesses (SMBs) are increasingly recognising the importance of setting and achieving GHG emissions reduction targets. These targets play a crucial role in the broader effort to combat climate change and ensure a sustainable future.

In this article, we detail the key emissions reduction targets relevant to UK SMBs, along with practical steps organisations can take to work towards these goals.

Net zero refers to the balance between the amount of greenhouse gases produced and the amount removed from the atmosphere. Achieving net zero means that any emissions that cannot be completely eliminated are offset by equivalent removals, typically through natural solutions like reforestation or technological solutions like carbon capture and storage.

The UK government has set a legally binding target to achieve net zero greenhouse gas emissions by 2050. This ambitious goal requires significant reductions in emissions across all sectors. For SMBs, this means adopting cleaner technologies, improving energy efficiency, and reducing waste.

To ensure progress towards the 2050 target, the UK has also established interim targets. The most notable of these is the commitment to reduce emissions by 68% by 2030, compared to 1990 levels. These interim targets provide a roadmap and encourage organisations to take immediate action to reduce their carbon footprint.

The Race to Zero is a global campaign aimed at rallying leadership and support from businesses, cities, regions, and investors for a healthy, resilient, zero-carbon recovery. The campaign seeks to build momentum around the shift to a decarbonised economy ahead of the COP26 summit.

The Race to Zero campaign is built on four key principles:

Reaching net zero and cutting emissions takes commitment from businesses of all sizes. Here are practical steps UK-based SMEs can follow.

The first step in reducing emissions is understanding your current carbon footprint. This involves measuring and monitoring greenhouse gas emissions from all aspects of your business operations, including energy use, transportation, and waste management. Tools and frameworks like the Greenhouse Gas Protocol can help businesses accurately track their emissions.

Once you have a clear understanding of your emissions, set specific, measurable, and time-bound targets for reduction. These targets should be aligned with the UK's net zero goals and the interim targets for 2030. Consider joining initiatives like the Science Based Targets initiative (SBTi) to ensure your targets are in line with the latest climate science.

Improving energy efficiency is one of the most effective ways to reduce emissions. This can be achieved by upgrading to energy-efficient equipment, optimizing heating and cooling systems, and implementing energy management practices. Conducting regular energy audits can help identify areas for improvement.

Transitioning to renewable energy sources is crucial for achieving net zero. Consider installing solar panels, wind turbines, or other renewable energy systems on-site. Alternatively, you can purchase green energy from certified renewable energy providers. This not only reduces emissions but can also result in long-term cost savings.

Waste reduction is another important aspect of emissions reduction. Implementing circular economy practices, such as recycling, reusing materials, and designing products for longevity, can significantly reduce waste. Additionally, reducing food waste and composting organic materials can lower methane emissions.

Employees play a vital role in achieving emissions reduction targets. Educate your workforce about the importance of sustainability and involve them in your efforts. Encourage energy-saving practices, provide training on sustainable practices, and create a culture of environmental responsibility.

Emissions reduction is a collective effort that extends beyond your business operations. Engage with suppliers to encourage sustainable practices throughout your supply chain. Similarly, communicate with customers about your sustainability initiatives and encourage them to support your efforts by choosing eco-friendly products and services.

Innovation is key to achieving long-term emissions reductions. Invest in research and development of new technologies and practices that can help reduce your carbon footprint. This could include exploring new materials, improving product design, or developing more efficient manufacturing processes.

Even with the best efforts, some emissions may be unavoidable. In such cases, offsetting can play a crucial role in achieving net zero. Invest in high-quality carbon offset projects, such as reforestation, renewable energy projects, or carbon capture and storage initiatives, to balance out your remaining emissions.

Regularly report your progress towards emissions reduction targets and review your strategies to ensure they remain effective. Transparency is essential for building trust with stakeholders and ensuring accountability. Consider using established reporting frameworks, such as the Carbon Disclosure Project (CDP), to communicate your progress.

Achieving net zero and other key emissions reduction targets is a critical challenge for UK-based SMBs. However, with clear targets, practical steps, and a commitment to sustainability, businesses can play a significant role in the fight against climate change. By measuring and monitoring emissions, setting achievable goals, improving energy efficiency, and engaging stakeholders, SMBs can make meaningful progress towards a zero-carbon future.

Businesses are encouraged to join initiatives like the Race to Zero campaign and the Science Based Targets initiative to stay aligned with global efforts and ensure their strategies are based on the latest climate science. The journey to net zero may be demanding, but it is essential for the long-term sustainability of businesses, communities, and the planet.