One-stop-shop

British companies will have the ability to entry model new recommendation and assist to cut back their power payments whereas reducing their carbon emissions.

The UK Business Climate Hub launched at present (14 August 2023) features a free carbon calculator and a collection of recent instruments to assist companies measure, monitor and report on their emissions and get monetary savings through the use of much less power. It provides detailed recommendation on every part from sourcing merchandise from inexperienced suppliers and decreasing emissions from freight and logistics to probably the most cost-effective methods of putting in photo voltaic panels and electrical car (EV) charging factors.

Analysis exhibits that such measures can considerably save firms on their overheads. For instance:

• switching to EVs cannot solely minimize operating prices but additionally decrease servicing and upkeep prices by round 40% in comparison with petrol or diesel vehicles
• with as much as half of firms’ total electrical energy invoice coming from lighting, making adjustments comparable to switching to LED bulbs may help shave as much as 40% off payments
• giving drivers gasoline effectivity coaching may help save firms a mean of 15% on gasoline use and carbon emissions in transporting items

The brand new assist is aimed significantly at 5.5 million small and medium sized companies (SMEs) within the UK, with enterprise and trade accounting for round 25% of emissions. Analysis exhibits that 90% of SMEs are eager to deal with local weather change, however discover it tough to understand how or the place to begin to discover the correct options to cut back their carbon footprint.

Research additionally present 85% of shoppers usually tend to purchase from a enterprise with a status for sustainability, that means going inexperienced may help develop the economic system.

Minister of State for Vitality Safety and Internet Zero, Graham Stuart, mentioned:

The UK has minimize its emissions greater than some other main economic system on this planet. Increasingly more companies are recognising the enterprise advantages of reaching web zero and we’re decided to empower them to take action.

The brand new UK Enterprise Local weather Hub is a one-stop-shop for companies to seek out sensible recommendation to cut back their carbon footprint and save on their power payments.

Whether or not it’s becoming a low-carbon warmth pump, producing power with photo voltaic panels, or decreasing the emissions from delivery items, the brand new assist will guarantee companies can drive in direction of web zero.

The brand new UK Enterprise Local weather Hub serves as a one-stop-shop for companies who’ve but to start out making adjustments, in addition to those that are already taking motion to cut back emissions however wish to take issues to the following stage. In addition to serving to bosses measure and report on their emissions, the positioning gives recommendation and assist on an array of issues, together with:

• switching worker modes of transport and paying much less for firm EVs
• getting enterprise grants, inexperienced loans and financing for a retrofit
• getting an air supply warmth pump
• producing inexperienced power with a wind turbine and promoting it again to the grid
• decreasing emissions from farming and land use
• shopping for credible carbon offsets
• getting low-carbon product labels and certifications
• decreasing waste and recycling extra

Nationwide Chair of the Federation of Small Companies, Martin McTague, mentioned:

We’re happy to have contributed to the brand new UK Enterprise Local weather Hub that can present companies with trusted instruments and knowledge to assist them navigate the web zero transition.

SMEs recognise their position in web zero however many nonetheless discover it difficult to entry the related assist and assets to play their half. This new official platform for recommendation and assist will actually assist.

Along with serving to small corporations turn into extra power and useful resource environment friendly, the hub additionally has the chance to empower small corporations to take formidable steps in direction of web zero, finally making certain that additionally they profit from the financial alternatives created in a web zero economic system.

The brand new website is endorsed by enterprise leaders and ministers on the brand new Internet Zero Council and comes because the organisation calls on enterprise consultant organisations throughout the nation to take concerted motion to plan to cut back their members’ emissions.

The group, comprising CEOs from main firms together with Co-op, HSBC, Siemens and Cemex, have developed a brand new enterprise roadmap framework to assist empower companies to work with others of their sector to create tailor-made motion plans for their very own trade to decarbonise.

These sector roadmaps would assist firms the size and breadth of the nation, from Aberdeen to Aberystwyth, and Penzance to Peterborough, to transition to web zero.

Co-Chair of the Internet Zero Council, Co-op Group Chief Government Shirine Khoury-Haq, mentioned:

None of us will get to web zero with out all of us attending to web zero, so making certain that each enterprise and each sector has a transparent plan for delivering this non-negotiable goal is essential. I hope the UK Enterprise Local weather Hub will probably be a priceless device for enterprise leaders on the lookout for steering and assist on this very important endeavour.

The framework, which has been endorsed by the Internet Zero Council and that’s being revealed at present, is designed to assist organisations working to articulate a reputable roadmap to web zero on a sector by sector foundation.

In 2020 the UK was estimated to have already got over 400,000 jobs in low carbon companies and their provide chains throughout the nation, with turnover at £41.6 billion. Over 80,000 inexperienced jobs are at present being supported or are within the pipeline due to new authorities insurance policies since 2020, with that anticipated to extend to as many as practically half 1,000,000 by 2030.

Notes to editors

The brand new UK Enterprise Local weather Hub, which is being managed by the Broadway Initiative, has been developed in partnership with associations such because the Federation of Small Enterprise and the Institute of Administrators and with assist so removed from the British Enterprise Financial institution, HSBC, NatWest, Electrical energy North West, Northern Powergrid and Nationwide Grid. It’s the UK companion of the worldwide SME Local weather Hub.

Discover out extra concerning the new business roadmap framework, which has been developed in partnership with the Broadway Initiative.

The Internet Zero Council goals to:

• work to make sure sectors and corporations have a pathway to web zero, together with trying on the boundaries and connections throughout sectors
• lead a scientific evaluation of the financing challenges and the respective roles of presidency, trade and the monetary sector in addressing them
• establish key challenges dealing with SMEs up and down the nation in decreasing their carbon footprints and supporting their transition with new data and recommendation

The analysis that 90% of SMEs are eager to deal with local weather change comes from Sage and the International Chamber of Commerce.

The analysis on 85% of shoppers usually tend to purchase from a enterprise with a status for sustainability comes from Economist Impact.