City Corporation launches new Covid-19 Recovery Grant Scheme for Square Mile SMEs
Climate Action Strategy
The City of London Corporation has adopted a radical Climate Action Strategy which breaks new ground and sets out how the organisation will achieve net zero, build climate resilience and champion sustainable growth, both in the UK and globally, over the next two decades.
By adopting the strategy, the City Corporation has committed to:
- Achieve net zero carbon emissions from our own operations by 2027
- Achieve net zero carbon emissions across our investments and supply chain by 2040
- Support the achievement of net zero for the Square Mile by 2040
- Invest £68m over the next six years to support these goals of which £15m is dedicated to preparing the Square Mile for extreme weather events
This follows an extensive study of our activities and assets and puts a plan in place to address emissions from our financial and property investments and full supply chain.
We have set out a fully funded action plan for 2020-2027 and set annual targets. With this plan we aim to address areas of biggest impact first.
Data on progress will be shared via a programme dashboard, expected to go live for the public mid-2022.
At the end of each year we will publish a report of our progress against targets for that year. We will invite our stakeholders to participate in a survey to help us understand how well we are reaching and engaging with them.
We are pleased to know that you have more you wish to share with us about climate change. Tell us what climate actions you would like the City Corporation to take or how you would like to get involved. Email your comments to Climate Action. We look forward to hearing from you!
You can contact the Climate Action Team direct at Climate Action.
The City of London Corporation's Climate Action Strategy (2020-2027) Executive Summary
The City of London Corporation's Climate Action Strategy (2020-2027)