Climate Change Data

Her Majesty's Government

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:72 Mt CO2e (2020)

ESG Focus Areas

  • Climate Change
  • Economic Growth
  • Job Creation
  • Regional Development

Environmental Achievements

  • Total industry emissions have more than halved over the past 30 years

Social Achievements

  • Unlocking new job opportunities through deployment of low carbon infrastructure in industrial areas
  • Support the skills transition so that the current and future workforce benefit from the creation of new jobs

Governance Achievements

  • The UK was the first major economy in the world to pass laws to end its contribution to global warming with our 2050 net zero target.

Climate Goals & Targets

Long-term Goals:
  • Industrial emissions will need to fall by at least 90% by 2050
Medium-term Goals:
  • Around 3 MtCO2 of industry emissions captured each year by 2030
Short-term Goals:
  • Emissions will need to reduce by at least two-thirds by 2035

Environmental Challenges

  • Many essential low carbon technologies are in earlier stages of development, and not yet deployed regularly at a commercial level.
  • Low carbon manufacturing will also be more expensive for some sectors, leading to an increase in their costs, and therefore risking a reduction in their competitiveness.
  • This creates a risk of “carbon leakage”, which could impact both our domestic and global climate goals.
Mitigation Strategies
  • Government intervention should focus on addressing market failures or barriers to decarbonisation.
  • Where decarbonisation leads to significant costs that creates carbon leakage risk, it should be supported by targeted intervention to mitigate this risk.
  • Government should play a key role in delivery of large infrastructure projects for key technologies (e.g. CCUS and hydrogen networks) where there is a shared benefit and the risk or cost is too great for the private sector.

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks
  • carbon leakage