91% of waste businesses have deprioritised net zero targets

 

net zero

New research finds 91% of waste businesses have deprioritised meeting net zero targets – 25% higher than the UK average – due to perceived increased costs.

The research found that 87% of waste businesses thought that reducing CO2 emissions in their logistics fleet would increase costs.

British supply chain solutions company Wincanton surveyed over 500 decision makers for supply chain, transport and logistics working in organisations across multiple sectors in the UK with turnovers above £50m.

57% had turnovers between £100m and £499.99m and only 1% had turnovers between £50m and £99.99m.

89% of respondents in the Waste and Construction sectors said reducing CO2 emissions in their logistics fleet is a high priority, compared to 71% in fast-moving consumer goods and 62% in manufacturing.

Waste businesses should optimise their existing fleet and access more sustainable options through collaboration.

The research also found that 67% of waste businesses reported that they want to reduce the environmental impact of their logistics fleet but don’t know how.

Carl Hanson, Managing Director of Transport at Wincanton, said: “Our research uncovers a concerning reality: many waste businesses have had to deprioritise hitting their net-zero goals.

“Rather than expecting widespread adoption of alternative fuels to speed up, waste businesses should optimise their existing fleet and access more sustainable options through collaboration.

“There’s a misconception that sustainability progress means high costs, but we know that digital solutions can help organisations achieve their environmental and commercial goals now.”

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