UK Net Zero Industry RTIC
Real-Time Industrial Classifications

UK Net Zero Economy

With a strategy laid out to reach our Net Zero targets by 2050, the transition to Net Zero could be the growth story of the century within the UK and beyond.

Discover our Net Zero Real-Time Industrial Classification (RTIC) today and find out more about the verticals, companies and employees that make up this emerging economy.

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What is Net Zero?

Net Zero is a unique emerging sector in that it has been established to tackle a specific problem within a specific time frame – reducing greenhouse gases produced by humans.

The true meaning of Net Zero refers to the collective target to balance the amount of greenhouse gases being produced and removed from our atmosphere. The goal here is for humankind to reach a state where the amount we add is no more than we take away – hence the ‘Net’ Zero part.

From this a thriving UK Net Zero economy has taken shape, which coincides with the country’s target to cut emissions of carbon dioxide (CO2) and reach Net Zero by 2050. This ecosystem of verticals and companies in the Net Zero supply chain, which range from low carbon energy generation all the way to green finance, represent a now thriving industry and present big opportunity for economic growth in the future.

Net Zero sector summary

Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.

Here are the key facts about the Net Zero sector. The sector has a turnover of £1,138.1bn currently, has received £24.5bn of investment and the sector is growing at 4.2% per year.

22,353
COMPANIES CONSIDERED
£1,138.1bn
TOTAL TURNOVER
864,089
TOTAL EMPLOYEES
£24.5bn
TOTAL INVESTMENT FUNDING
£1.7bn
TOTAL INNOVATE UK GRANT FUNDING
4.2%
AVERAGE COMPANY GROWTH PER YEAR

Net Zero verticals

Our industry data goes deep. See the top verticals and specialisms making waves in the UK Net Zero industry today.

Our Net Zero RTIC is made up of 16 individual verticals. The top verticals in this sector include Renewable Energy Planning Database, and Renewables. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.

  • Sector Code Description Records
  • RTIC0055 Net Zero 21869 companies

    Companies in the Net Zero Supply chain, which covers many industries working to reduce greenhouse gas emissions. These include; Agritech, Building Technologies, Carbon Capture, Diversion of Biodegradable Waste from Landfill, Energy Cooperatives, Energy Storage, Green Finance, Grid, Heating, Low Carbon, Low Carbon Consultancy Advisory and Offsetting Services, Low Emission Vehicles, Pollution Control and Mitigation, Renewables, Renewable Energy Planning Database, Waste Management and Recycling.

    • Net Zero: Agritech

      Companies developing technologies and providing services transforming dominant/traditional agricultural practices.

      475 companies
    • Net Zero: Building Technologies

      Companies providing technology and services for increased energy efficiency in buildings.

      859 companies
    • Net Zero: Carbon Capture

      Companies dedicated to carbon capture, storage and utilisation.

      268 companies
    • Net Zero: Diversion of Biodegradable Waste from Landfill

      Companies focusing on landfill management.

      1918 companies
    • Net Zero: Energy Cooperatives

      Energy producers where citizens have control/ownership over the energy source.

      775 companies
    • Net Zero: Energy Storage

      Companies providing services/technology to capture energy for use at a later time.

      1914 companies
    • Net Zero: Green Finance

      Structured financial activity that’s been created to ensure a better environmental outcome.

      842 companies
    • Net Zero: Grid

      Organisations dedicated to energy management and energy infrastructure development/maintenance.

      824 companies
    • Net Zero: Heating

      Companies offering services/technology for low carbon heating.

      1306 companies
    • Net Zero: Low Carbon Consultancy, Advisory & Offsetting Services

      Businesses providing environmental consultancy are producing a service for the low carbon economy.

      1948 companies
    • Net Zero: Low Carbon Energy Generation

      Companies providing energy from low carbon sources.

      3814 companies
    • Net Zero: Low Emission Vehicles

      Companies focusing on the development of technology and infrastructure for electric vehicles.

      1564 companies
    • Net Zero: Pollution Control and Mitigation

      Companies providing services and technology for the mitigation of pollution.

      826 companies
    • Net Zero: Renewable Energy Planning Database

      Companies captured and/or similar to those identified in the Renewable Energy Planning Database.

      10161 companies
    • Net Zero: Renewables

      Companies providing energy from renewable sources.

      6833 companies
    • Net Zero: Waste Management and Recycling

      Companies dedicated to solid waste removal, management and processing.

      5179 companies

Net Zero industry growth

Based on a growth rate of 4.2%, we expect that this sector could be worth £1,320.1bn by 2024. Below you can see our forecast of the growth of the sector.

We help policy makers, economists & companies better understand emerging industries

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Many of the UK’s leading government departments, local authorities, investment firms and policymakers, use The Data City to gain real-time insights that help drive better investment decisions.

 

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Get your free Net Zero market report 👇

Dig deeper into the UK’s Net Zero industry with our free snapshot report.

Includes key insights on market size, investment, growth, location and much more. Data updated every month.

Market data for 400+ industries at your fingertips

At The Data City we use AI and real-time data to map emerging sectors and innovative companies.

Our company database of over 5 million active UK companies houses 400+ Real-Time Industrial Classifications (RTICs) built in partnership with leading experts.

Access market insights, sector trends, employee data, growth stats and investment information for the country’s fastest growing industries.

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Our Net Zero work

Mapping UK Net Zero with CBI Economics

This new report commissioned by the ECIU, makes use of real-time data to showcase the scale and geography of the UK’s Net Zero Economy, highlighting key hotspots and opportunities across the country.

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