Net Zero Future50

Smart robotic farmers in agriculture futuristic robot automation to vegetable farm,Smart farm concept

With over half of the UK’s decarbonisation dependent on technologies that are not yet commercially mature, delivering net zero requires innovation, investment and collaboration on a scale never seen before. Our report looks at 50 innovative climate technology start-ups that have the potential to decarbonise key sectors.

To uncover some of the most innovative technologies and solutions in the UK, we scanned the market to identify 50 start-ups that are making groundbreaking progress in their sectors. From lithium-free batteries and oil-free plastics to motor optimisation and grid efficiency, our Net Zero Future50 showcases the monumental potential of the UK’s climate tech ecosystem. Some are just emerging from the lab, others are experiencing rapid roll-out to paying customers, but all are driving progress towards a more sustainable future.

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“Technology alone can't solve the climate crisis, but it remains one of the most critical drivers of progress. While the recent growth in UK climate tech investment is encouraging, we must continue to identify and invest in innovative solutions, push for increased government support and focus investor attention across a broader range of sectors - especially where decarbonisation is more challenging.”

James PincusCorporate Finance Partner, PwC UK

Mobility and transport

This sector has attracted significant venture capital funding, and the transition is well underway with the growing adoption of electric vehicles. But it’s still a major contributor of greenhouse gas emissions in the UK, and greater attention must be directed towards areas that are harder to decarbonise, such as heavy trucks, trains, shipping, and aviation.

“Collaboration is key. We need leadership from government to drive the transition and policies that incentivise change. We need the private sector to invest in R&D and we need customers to be willing to try different solutions.”

Amanda LyneFounder and Managing Director, ULEMCo

Methodology

We used our AI net zero accelerator to scan the UK market and identify thousands of innovative decarbonisation solutions. It then applied metrics for CO2 emissions reduction potential, technology readiness (TRL), maturity and scalability, and created a shortlist with guidance from PwC UK experts. Finally, we conducted surveys and interviews to select 50 innovators for our Net Zero Future50, representing a diverse range of solutions across sectors and backgrounds.  

Note: The Net Zero Future50 is a selection of companies that illustrates the opportunity to decarbonise across all sectors but is neither exclusive nor exhaustive. It is also not to be considered as a ranking and does not constitute professional or investment advice.

Contact us

James Pincus

James Pincus

Partner, Corporate Finance, PwC United Kingdom

Matthew Alabaster

Matthew Alabaster

Energy, Utilities, Resources and Infrastructure Deals Leader, PwC United Kingdom

Tel: +44 (0)7866 727124

Emma Milner

Emma Milner

Director, PwC United Kingdom

Tel: +44 (0)7808 105907

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