SMEs can profit by going green

Businesses can accelerate growth and improve the environment by identifying specific opportunities to their organisation, according to a publication released by the Carbon Trust. Ian Gibson, Director of Delivery Programmes […]

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By Tom Gibson

Businesses can accelerate growth and improve the environment by identifying specific opportunities to their organisation, according to a publication released by the Carbon Trust.

Ian Gibson, Director of Delivery Programmes at the Carbon Trust said: 
”Businesses that do not embrace the green economy risk losing out. As larger firms look to reduce carbon in their supply chains, SMEs that don’t act now could get cut out in favour of greener competitors”

The market for green goods and services is valued at £112 billion in the UK and the Carbon Trust believes that SMEs can profit from accelerating growth in the green economy.

The report shows that most businesses aren’t aware of the opportunities at hand, with less than a third of Britain’s SMEs expecting green measures to lead to increased profits.

The report, ‘Green Your Business for Growth’ gives advice on developing green strategies, increasing competitive advantage and reducing environmental impacts.

The free guide can be downloaded at www.carbontrust.co.uk/publications and includes templates for energy and environment policies, as well as a checklist to assess current sustainability.

Andy Robbins, managing director at printer service Lamport Gilbert said going green was good for business: “Large companies are looking for higher environmental standards from their suppliers and unless you can prove you are doing your bit, you will miss out on opportunities.”