ACS_3857_Anchor Environmental Sustainability Strategy 2023 …

Anchor Environmental Sustainability & Net Zero Carbon Strategy 2023 – 2026

Strategic Context Climate urgency and the national policy framework The UK Government is part of the United Nations Framework Convention on Climate Change, which runs the Conference of Parties better known as COP. As such, it has made a statutory commitment to achieving net zero carbon by 2050. However, the statutory independent Climate Change Committee’s progress report to Parliament (June 2022) found: “ Tangible progress is lagging the policy ambition. With an emissions path set for the UK and the Net Zero Strategy published, greater emphasis and focus must be placed on delivery. ” The Climate Change Committee recommended that preparations should provide for a 4 degree increase in temperatures, against a target of 1.5 degrees. The Committee’s latest report to Parliament (29 March 2023), Progress in Adapting to Climate Change – 2023 report to Parliament, found a “striking” lack of climate preparation from Government. The independent report commissioned by the Department for Business, Energy and Industrial Strategy (BEIS) “Mission Zero: Independent Review of Net Zero” provided 169 recommendations on intensifying, raising standards and speeding up progress, including bringing forward a number of key target dates. The UK Government responded with Powering Up Britain (March 2023), bringing together its Energy Security Plan, and Net Zero Growth Plan, creating the new Department for Energy Security and Net Zero. The international and national policy framework will continue developing at pace as the scale of the climate challenge, sense of urgency and willingness to change grows. We are focussed on working in the current context, keeping pace and staying true to our values of being accountable, respectful courageous and honest. Anchor’s role We all have a role to play in tackling climate change, protecting the environment and creating a sustainable future. Following a century of relative stability in the way that we build and live in our homes, our buildings and communities will look very different by 2050. The way we do business, our homes and lifestyles are central to tackling climate change through the transition to a low-carbon economy that protects and nurtures our precious natural environment. How we power and heat our homes is central to meeting the climate change targets for 2050. From 2025, no new build homes will be connected to the gas infrastructure. In the same timeframe, regulations and changes to energy generation, distribution and consumption will see technologies such as renewables, heat pumps and energy storage become mainstream.

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