Manufacturers accelerate ESG strategies as customer and supplier requirements increase

Posted on 12 Feb 2024 by The Manufacturer

The UK has seen a 48% increase in the number of manufacturing firms setting ESG targets for their business, with around two thirds (62%) now doing so (since 2021), according to a report from Make UK and Lloyds Bank.

The in-depth report, which looked at the progress, opportunities and challenges faced by UK manufacturing firms looking to improve their ESG strategies, reveals that almost two thirds of UK manufacturers (61%) say they expect to expand the scale of their ESG strategy in the next two years. Firms said the reasons behind this increase include…

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