British Gas 'accelerates' plan and brings forward target 'by 5 years'

British Gas 'accelerates' plan and brings forward target 'by 5 years'
-Credit:Reach Publishing Services Limited


British Gas owner Centrica has outlined new commitments on net zero and accelerated its decarbonisation plan. Centrica has brought forward its target to become a net zero business to 2040, five years ahead of the 2045 timeline set by the original plan and ten years ahead of the widely accepted point at which global society needs to reach net zero.

Centrica has maintained its commitment to get customers to net zero emissions by 2050. This commitment builds on the company’s existing work to help households and businesses alike reduce their carbon footprints while maintaining reliable and affordable energy supply.

Customers will also benefit from investments in efficiency and cleaner energy infrastructure. Chris O’Shea, Chief Executive of Centrica, commented: “The impacts of climate change are undeniable and the need for urgent action has never been clearer.

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"We know the energy transition will pose challenges, but we also know that it presents an incredible opportunity to create a healthier, more sustainable planet while driving economic growth. Our updated Climate Transition Plan demonstrates the bold action we will take to accelerate progress, invest in innovative solutions, and ensure a fair and inclusive transition for all.

"We’re fully prepared to play our part in this journey and I’m excited that we’ve been able to agree such an ambitious, comprehensive plan.” James Rushen, Centrica’s Head of Environment, added: “Accelerating our target to become a net zero business to 2040 shows the scale of our ambition on climate change. Our new Climate Transition Plan is more detailed and transparent than ever before and contains a new set of credible but challenging ambitions right across the group, to deliver net zero within our business whilst driving a just transition for our colleagues and customers. It’s a great example of how we’re energising a greener, fairer future.”