A group of fifteen UK tech companies have come together to launch an initiative aimed at tackling the climate crisis and attracting green investment
The ‘Tech Zero taskforce’, which is led by Hayden Wood, CEO and co-founder green energy supplier Bulb, also includes UK tech luminaries allplants, Babylon, Citymapper, Faculty, GoCardless, Habito, Hopin, MoneySuperMarket Group, OLIO, Onfido, Revolut, Starling Bank, what3words and Wise.
The group will work with the government’s Council for Sustainable Business and UK’s Net Zero Business Champion Andrew Griffith MP to inspire other companies to help the UK meet its target of net zero emissions by 2050.
The group has a target of 100 sign-ups by November, the month in which the UK hosts the COP26 UN climate summit.
“We need bold action to avert the climate crisis, so we’ve brought together the UK’s most exciting and innovative tech companies to determine the best path to net zero as fast as possible,” said Wood. “Tech Zero will go beyond targets – we want to boost access to finance and make the UK the number one destination for green investment in the world.”
As part of the iniative the Taskforce aims to produce a ‘Tech Zero toolkit’ to “demystify climate jargon” and assist companies in drawing up net zero plans, the firms added.
The government’s Digital Infrastructure Minister Matt Warman said. “The UK is the tech capital of Europe so it’s great to see our pioneering tech companies come together to combat climate change. Through COP26 and the G7 we are taking a leading role to drive global action and we continue to support our digital sector to use its innovation, entrepreneurship and creativity to tackle one of the greatest challenges of our time.”