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Climate Leaders Coalition reveals $9.5 billion business investment

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today. Firstgas Group is a member of the Coalition.

The snapshot report follows the Government’s release of the Emissions Reduction Plan discussion document last week and ahead of the United Nations Climate Change Conference (COP26) in Glasgow to accelerate action towards the goals of the Paris Agreement.

“While it is for governments to set emissions budgets, targets, and plans, it is businesses that will primarily lead the action needed to transition to a low-emissions economy, as well as providing the vast majority of the required investment,” Coalition convenor and CEO of Z Energy Mike Bennetts says.

“That’s why it’s encouraging that our signatories have committed a collective $9.5 billion for investments in reducing emissions from our business operations over the next five years.”


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