DS Smith calls on UK government for clear long-term energy strategies
DS Smith Group chief executive Miles Roberts has called on the UK government to provide clear indications on long-term energy strategies for businesses to allow for investments.
DS Smith has unveiled an investment of €75m to change its paper mill’s energy supply in Normandy, supported by local authorities and a €15m subsidy from the French government.
DS Smith will be replacing the use of coal, therefore reducing CO2 emissions by 99,000 tonnes per year. This includes replacing a coal-fired boiler with a biomass boiler.
Ahead of the chancellor’s Autumn Statement, Miles Roberts, Global chief executive, DS Smith, said: “We are delighted to say that we are working hand in hand with the French government to make this a reality, and we look forward to collaborating with the government here in the UK on delivering our zero targets. Clarity around medium- and long-term energy plans for the UK will help provide the right environment for businesses like ours to invest in significant carbon reductions programmes.
“We can all agree that goals of growth, productivity and world-leading action on climate change are critically important. To realise these, clear indication on long-term energy strategies for businesses are key, similar to what we have seen in countries like France, Italy, Spain and Poland – all of which are countries into which we have invested over the last 18 months.”