Monthly Archives: July 2021

Transition to a net zero future with green finance

By fundingoptions on Small Business – Advice and Ideas for UK Small Businesses and SMEs

We all need to play our part to build a more sustainable future. SMEs, who are the lifeblood of the UK economy, will be a key player ensuring this occurs.

It’s in every business’ own interests to ‘go green’. Research indicates that £3bn savings can be realised by the SME community if it were to implement simple energy efficient measures. 

Why is it important for businesses to go green?

In June 2019, the UK was the first major economy to pledge to end its contribution to global warming by 2050. Earlier this year, the UK also committed to the ambitious goal of reducing its carbon emissions by 78 per cent by 2035 compared to 1990 levels. 

If the UK is going to achieve these pledges, all businesses will need to pull together now to make sufficient headway.

Collective responsibility

SMEs make up 97 per cent of the UK economy and contribute 25 per cent to its carbon emissions. Therefore, the UK won’t reach its net zero goals unless the SME community starts taking collective action today. 

Future growth

As the world transitions to a low carbon future, customers will expect the businesses they interact

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