70 Irish businesses sign low carbon pledge with cost the biggest barrier

Companies reported a number of challenges to setting net-zero targets with cost cited as a barrier for 29% of firms

The primary motivation for 42% of companies signing the pledge was business model resilience.

70 of Irish businesses have signed up to a low carbon pledge according to a new report from PWC released today.

The report prepared by PwC, in partnership with Business in the Community Ireland (BITCI), states that 70% of the Pledge Signatories will have set Science-Based Targets (SBTs) by 2024, with the majority set to achieve these targets by 2030 or earlier.