Tuesday, February 27, 2024

26 Pakistani companies to join ‘Race to Zero’ pledge ahead of COP26

British High Commissioner launched the race to get 26 companies operating in Pakistan to commit to net zero emissions by 2050

At least 12 companies in Pakistan have agreed to formally join the ‘Race to Zero’ pledge ahead of UN Climate Conference – COP26 to be hosted in the UK.

‘Race to Zero’ is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient recovery by achieving net-zero carbon emissions by 2050. Globally more than 3,000 companies have signed up.

With one month to go until the COP 26 global climate change conference, the UK Government is looking for more companies to take the leap.

In Pakistan, the British High Commissioner visited Pakistan’s biggest cities as part of an environment and climate-focused trip to see first-hand some of the challenges – and some of the innovative solutions – Pakistan is offering as part of world action on climate change.

During his visit, he witnessed how British and Pakistani expertise has been coming together to harness the power of renewable energy at Zephyr Wind Farm at Gharo and how British funds have helped create green energy investments and have helped Pakistan replace coal power. He was accompanied by Special Assistant to Prime Minister on Climate Change Malik Amin Aslam.

“Pakistan is tackling climate change – and protecting the beauty of the natural world – and these are two key areas which the UK-hosted COP 26 conference will be focussing on” Dr Christian Turner CMG said.

"I’m encouraging 26 Pakistani firms to sign a commitment to make net-zero emissions commitments in 2050 as part of COP 26. 12 are committed but we need more companies to come forward. Together we can do this."

Dr Turner also saw how Pakistan is using nature-based solutions to help repair the environment and protect livelihoods – through the regeneration of a mangrove forest near the wind farm. Studies have shown mangrove barriers are cheaper and 50 times more cost-effective than concrete barriers when it comes to tidal flood protections.

In Karachi, Dr Turner also met key business leaders from the “Top 6” UK firms in Pakistan – (Unilever, Reckitt Benckiser, SCB, GSK, UBL and Shell) which contribute over 1% to Pakistan’s annual GDP, and rank among the biggest corporate taxpayers.

  • The UK is hosting the global COP 26 climate change conference in Glasgow, in the UK, from October 31 till November 12, 2021.
  • 12 Pakistani firms are so far committed to net zero. Yunus Textile Mills Ltd was the latest firm to make the commitment.

The British High Commissioner took part in litter picking – a personal passion of his – at Clifton Beach to mark World Maritime Day. Eight million tonnes of plastic end up every year in the world’s seas, which is swallowed by or entangles marine animals, causing injuries and deaths and threatening the survival of certain species.

Zakhia Irfan
Zakhia is a dedicated journalist who loves to read and travel. She covers all aspects of aviation and travel news for Islamabad Scene.

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