Firms without net zero plans get no more public contracts: Businesses without obvious carbon reduction goals will not be in a position to bid for major government contracts valued over £5 million from September forward.
The government has reported businesses that pursue public sector contracts will be required to issue carbon reduction plans stating their up-to-date greenhouse gas emissions, containing power consumption, staff travel & fuel usage.
More precisely, businesses will be refused from bidding procedures if:
- they fail to pledge in lowering their emissions & reaching net zero by 2050
- they fail to announce their group greenhouse gas emissions
- they have not supplied a carbon reduction plan with all the necessary details for the environmental management measures that will be set out to reach the goals
The Cabinet Office revealed that contracting authorities must confirm that successful suppliers fulfil the criteria before a contract can be given.
Officials may additionally ask for the evidence at any time throughout the procurement process.
The government announcement occurred simultaneously with World Environment Day & the move is considered to be the first to be launched worlwide.
Firms without net zero plans get no more public contracts