LeasePlan CEO Tex Gunning, along with leaders for more than 60 other businesses, signed a letter aimed sign carbon neutrality into law in the European Union.

The letter, which was organized by the The Prince of Wales’ Corporate Leaders Group, was created to call on EU regulators to sign carbon neutrality into law by 2050, according to the fleet management company.

"Putting climate change at the top of Europe's agenda will provide us, as business leaders, with the clarity and confidence to further invest in the net zero emissions industries of the future, driving innovation and protecting European competitiveness on a global scale," part of the letter reads. "The European Commission has indicated that net zero by 2050 could lead to a net increase in GDP of 2 per cent and a rise in employment."

Click here to view the letter and full list of companies who signed the letter.