1、CLIMATE CHANGEFOR BUSINESSPART 1:BUSINESS IMPACTJune 2024ContentsForeword 3Executive Summary 4Climate change will impact your business 6SECTION 1:Limiting increases in global temperature 7Are we on track with goals of the Paris Agreement?8Disruption to global business and supply chains 9 Increased B

2、usiness-related policy to meet Net Zero 2050 11How is the UK progressing with industrial decarbonisation policy?12SECTION 2:Commercial drivers from the downstream value chain 13Consumers 14Businesses 16Attracting investment and securing financing 18SECTION 3:The future for sustainability in business

3、 19Taking steps towards Net Zero 20Supporting your business 22References 23When considering Net Zero many businesses in the UK will need to fundamentally change their operations,their business models,their approach to climate risk assessment and planning,and their relationships with investors and co

4、nsumers.The role of business in delivering the UKs Net Zero ambition(The Committee on Climate Change,2020)ForewordAs we navigate the journey to Net Zero,manufacturing businesses find themselves at the forefront of a profound shift in the political,economic,and environmental landscape in which they a

5、re operating.The challenges are vast,with complex regulatory frameworks,evolving market dynamics,and the imperative for sustainability driving a shift in business operations.This report guides us through the intricate web of factors shaping the impact of climate change on manufacturing businesses.Fr

6、om the urgent need to limit global temperature increases to the downstream market pressures propelling change,it lays the foundation of why climate action and emissions reduction is imperative.It underscores the rationale behind climate adaptation planning,the importance of setting greenhouse gas em