New initiative to help SMEs with sustainability

Article posted

17th Aug 2023

Read time

3-6 min read

Author

Mollie Pinnington

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The UK government recently announced the establishment of a dedicated Business Climate Hub. This initiative aims to assist SMEs in their transition towards more sustainable practices. The hub will provide resources, guidance, and support to help SMEs understand and implement strategies to reduce their carbon footprint. The emphasis on sustainability in business operations responds to the increasing consumer demand for environmentally friendly products and services and assists the UK's broader efforts to achieve net-zero emissions by 2050.

In addition to its focus on reducing carbon footprints, the Business Climate Hub also introduces an innovative initiative aimed at helping SMEs cut their energy costs. Recognizing that energy efficiency often goes hand in hand with sustainability, the hub provides tools and recommendations to assist businesses in identifying areas for potential energy savings. This practical approach helps to remove financial barriers that could prevent these businesses from adopting greener practices. The energy-saving initiative, therefore, serves a dual purpose: it supports SMEs in managing their expenses and contributes to the overall goal of sustainability and carbon neutrality.

What is the new business climate hub?

Aimed at supporting UKs SMEs. 90% of SMEs want to tackle climate issues but find it difficult to start or know where to start. They also struggle with finding the right solutions for their business.

As more consumers become environmentally conscious, businesses are realizing the importance of adopting sustainable practices in their operations. In fact, studies reveal that 85% of consumers are more likely to purchase goods and services from companies known for their commitment to environmental sustainability.

This shift in consumer behaviour presents an opportunity for Small and Medium Enterprises (SMEs) to improve their market positioning by showcasing their sustainable practices. By aligning with the values of their target audience, businesses can foster stronger customer relationships, increase customer loyalty, and potentially gain a competitive advantage. The Business Climate Hub is well-poised to assist SMEs in this endeavour, providing them with practical tools and guidance to facilitate their transition towards more sustainable operations.

Although many SMEs see the importance of sustainability they find it difficult to access the relevant support and resources.

 

Resolve net Zero

If your business is seeking to enhance energy efficiency, we are here to assist. Resolve Net Zero is an experienced consultancy that specializes in aiding businesses of all types in their journey towards sustainability. We understand the challenges faced by many companies in initiating or progressing their sustainability efforts. With our knowledge and expertise, we provide pragmatic and effective solutions tailored to your unique business needs. Not only do we assist in identifying and implementing measures to reduce your carbon footprint, but our strategies also aim to optimize energy use, resulting in significant cost savings. By partnering with Resolve Net Zero, your business can confidently navigate the path to sustainability, meeting both environmental responsibilities and consumer expectations.

 

Benefits of lowering energy bills for SMEs

Lowering energy bills can have a substantial impact on the financial health of SMEs. Reduced energy costs translate directly into increased profitability, providing additional resources that can be reinvested back into the business for growth and development. Energy-efficient practices can also lead to a more sustainable business model, aligning with global environmental goals and appealing to a growing base of eco-conscious consumers. This alignment can strengthen a company's reputation, fostering customer loyalty and potentially giving a competitive advantage in the market. Additionally, energy efficiency can enhance operational efficiency, by identifying and eliminating waste, therefore promoting better overall management practices. Ultimately, lowering energy bills through energy-efficient measures can result in a more resilient, competitive, and sustainable SME sector.

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today