UK Business Climate hub launched

23 August 2023

The UK has launched the UK Business Climate hub to help Britain’s 5.5 million SMEs cut their energy bills and reduce emissions.

The new hub includes a free carbon calculator and a suite of new tools to help businesses measure, track and report on their emissions and save money by using less energy.

By offering advice on everything from sourcing products from green suppliers and reducing emissions from freight and logistics to the most cost-effective ways of installing solar panels and electric vehicle charging points, the government hopes to help businesses move closer to reaching net zero.

Business and industry currently account for around 25% of emissions and research has shown that 90% of SMEs are keen to tackle climate change but find it difficult to know how or where to start. Studies also show that 85% of consumers are more likely to buy from a business with a reputation for sustainability.

Graham Stuart, minister of state for energy security and net zero, said: “The UK has cut its emissions more than any other major economy in the world. More and more businesses are recognising the benefits of reaching net zero and we’re determined to empower them to do so.

“The new UK Business Climate Hub is a one-stop-shop for businesses to find practical advice to reduce their carbon footprint and save on their energy bills. Whether it’s fitting a low-carbon heat pump, generating energy with solar panels, or reducing the emissions from shipping goods, the new support will ensure businesses can drive towards net zero.”

Steven Mooney, CEO of FundMyPitch, commented: “One of the biggest barriers to SMEs cutting emissions is cost, with many struggling to find a credible strategy to go green without breaking the bank. At a time when interest rates are surging and inflation remains stubbornly high, this new hub offers invaluable guidance to empower entrepreneurs to build a truly effective green strategy.

“The vast majority of company owners will always go the extra mile to build responsible, environmentally friendly business but they also need access to finance and support to turn their dreams into reality.”

[Main image: electric-ashes-sitoula-UfEyDdXlRp8]

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