Climate Action Strategy
In 2020, the City of London Corporation adopted a radical Climate Action Strategy, breaking new ground and setting out how we 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 all our activities, including investments and supply chain, by 2040
- Support the Square Mile to reach net zero by 2040
- Invest £68m over six years to support these goals of which £15m is dedicated to preparing the Square Mile for extreme weather events.
This followed an extensive study of our activities and assets to understand the sources and scale of our carbon emissions, as well as those of the Square Mile, providing the foundation for our net zero trajectories grounded in science.
Delivery
We have developed a detailed action plan with annual targets, fully funded to 2027. This action plan will address emissions from our operations, financial and property investments and full supply chain, in collaboration with partners for across the Square Mile.
We are addressing areas with the greatest impact first, through a programme of 13 projects fully funded to 2027. The projects cover four broad themes:
- Buildings
- Supply chain
- Financial investments
- Open spaces
Monitoring
We are committed to transparently reporting progress on the delivery of our Climate Action Strategy. Each year, we publish a comprehensive report on emissions reductions and progress towards our targets, verified through an independent audit.
Our Climate Action Performance Dashboard is an interactive tool that visualises the latest data and progress towards our net zero and climate resilience targets.
Connected Strategies and Frameworks
Our Climate Action Strategy is primarily focused on actions to reduce carbon emissions and build climate resilience. It interlinks with a number of our other plans, including:
- Transport Strategy
- Air Quality Strategy
- City of London Riverside Strategy
- Circular Economy Framework
- Our approach to Responsible Business
How can I contact the City Corporation Climate Action team?
Email your comments and ideas to the Climate Action Team.
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