Businesses of all sizes and types will be able to curb their energy usage thanks to the Carbon Reduction Commitment (CRC).
This is according to the Environmental Industries Commission (EIC), which believes the CRC regulation, which took effect at the beginning of this month, will provide the necessary impetus for organisations to reduce their carbon footprint.
Under the terms of the regulation, all public and private sector organisations must boost energy efficiency in addition to cutting their carbon emissions, which is part of a wider drive to reduce Britain's CO2 output by 80 per cent by 2050.
Some 20,000 organisations will participate in CRC in some way, while 5,000 more will be fully involved.
EIC founder Adrian Wilkes said during a speech at Sustainabilitylive! that CRC is "an opportunity" for UK industries.
"It is clearly an opportunity for environmental companies, who rely on environmental policy, not just in the area of climate change but also tackling water pollution et cetera," he explained.
"But it is also an opportunity for the rest of British industry, in the sense that pollution, of whatever sort, is about inefficiency in British industry."
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