Purchase the new research report by The Data City with CBI Economics which evaluates the economic impact role played by 16 key sectors within the whole UK net zero economy.
Harnessing a novel way to look at green and low carbon sectors has surfaced new economic and business opportunities
The Data City and CBI Economics have collaborated on a new research report titled Analysis of the UK Net Zero Ecosystem, which looks at the impact and activity of 16 key sectors and their role within the whole UK net zero economy.
These businesses already contribute £60bn a year to the UK economy (representing 3.3% of the total economy) and support 766,000 full-time equivalent jobs (2.8% of total employment) yet outdated official sector classifications risk hampering decarbonisation efforts by failing to provide the insight that’s needed.
Why a new approach was needed
The UK’s Standard Industrial Classification (SIC) code system, used to work out the importance of different sectors and monitor trends, has not been updated since 2007 and does not provide detailed insight into the emergence of business activity in green or low-carbon sectors. This has h
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