Is your business on target to reach net zero by 2050?
Helping you navigate and fund net zero
As the government focuses on reducing carbon emissions and greenhouse gases by 2050, there’s been increasing talk about net zero, especially among smaller businesses.
Research shows that smaller businesses are a significant source of emissions in the UK, responsible for 50% of all business-driven emissions. While 57% of smaller businesses know the government’s 2050 net zero target, 76% have yet to implement a strategy to reduce their emissions.
All businesses, regardless of size, have the opportunity to make a significant impact on sustainability and lower carbon emissions. By taking proactive steps, they can contribute to a reduction of carbon emissions.
Operations
Enhancing premises with proper insulation, actively encouraging employees to embrace alternative transportation, fostering a culture of engagement, cutting down on waste, and minimising energy consumption are all vital steps toward a more sustainable and efficient workplace.
Products and services
Embracing sustainable practices by selecting products crafted from eco-friendly materials, adopting effective waste management strategies, and collaborating with trusted suppliers who prioritise sustainability.
Distribution
Choosing packaging created from recycled materials, adopting electric vehicles for transportation, and streamlining deliveries to reduce their frequency can significantly lower the environmental impact and promote a more sustainable future.
Embracing Net Zero
By committing to net zero, businesses stand to gain significantly from enhancing their reputation and reducing operational costs, safeguarding themselves against the volatility of energy supply fluctuations. Embracing this sustainable approach supports the environment and strengthens market position.
Footprint Recycling is here to assist you if you need help beginning your sustainability journey. We specialise in establishing a net zero baseline and crafting effective reduction strategies. Creating a robust net zero strategy requires thoroughly evaluating Scope 1, 2, and 3 emissions. Firstly, we need to assess your emissions:
Scope 1 Emissions
These are “direct emissions” that an organisation directly owns or controls. Examples include emissions from gas boilers, fuel generators, and company-owned vehicles that are not electrically powered.
Scope 2 Emissions
These emissions are classified as “indirect emissions” and arise from the consumption of purchased electricity, steam, heat, and cooling.
Scope 3 Emissions
This category includes all “other indirect emissions” not accounted for in Scope 2. These emissions are generated throughout the value or supply chain, encompassing upstream (customer-related) and downstream (supplier-related) emissions.
After we assess your current emissions, we will create a plan to reach net zero emissions within an agreed-upon time frame. We will also assist in sourcing any relevant grant schemes available to support businesses financially in achieving net zero. We will compare your emissions each year to show your progress in reducing them.
Benefits to your business
Reduced costs
Transform your business by significantly lowering utility bills through renewable energy sources. Investing in solar panels or transitioning to a green energy plan cuts costs and enhances your brand’s commitment to sustainability. By carefully analysing energy usage, you can uncover additional savings opportunities. Moreover, switching to electric vehicles is a smart choice for businesses operating in low-emission zones of major cities, yielding both financial and environmental benefits. Adopting waste reduction practices, recycling efficiently, and striving for zero waste in landfills will minimise expenses and position your business as a leader in responsible practices. Embrace these changes for a more sustainable and cost-effective future!
Business Reputation
Embracing carbon-neutral practices can significantly elevate your business’s reputation. According to research by the Carbon Trust customers increasingly seek companies that prioritise ethical decision-making. By engaging in carbon offsetting, sourcing materials locally, reducing transportation emissions, and minimising landfill waste, small businesses can contribute to a healthier planet and attract a loyal customer base that values sustainability.
Attracting investment
Investors and shareholders looking for companies with a sustainable long-term strategy may find a net zero business attractive.
Security and resilience
Pursuing net zero is not just an environmental goal; it’s a smart strategy for strengthening your business against market fluctuations and national disruptions. For instance, adopting electric vehicles can help companies to avoid rising fuel costs. Likewise, switching to alternative energy sources like solar or wind can protect you from unpredictable spikes in energy costs, ensuring your business remains stable and competitive.
Competitive edge
Recognising and reducing your carbon footprint can set your business apart. As customer preferences shift, many consumers now prioritise business sustainability, scrutinising everything from product packaging to reduction in carbon emissions. Embracing eco-friendly practices attracts these conscientious shoppers and elevates your brand’s reputation.
If you want to chat or need help achieving your net zero goals, get in touch.
RESOURCES
Funding and grants for carbon net zero
Finding funding for carbon net zero projects can be challenging. However, there are various pots of funding and support available throughout the country. Many local councils offer some kind of net zero grant programmes, so it’s worth checking in your local area. It’s also worth checking Crown Commercial Gov – grants and funding opportunities from across the government.
Funding opportunities can also be found through government funding programmes.
Net Zero Strategy: Build Back Greener
This strategy sets out policies and proposals for decarbonising all sectors of the UK economy to meet our net zero target by 2050.
Parliament Research Briefing
The UK is committed to reaching net zero by 2050. This briefing provides an overview of the background context for net zero, the plans in place to reach this goal, and current progress.
Deloitee – The Sustainable Consumer 2023
Adoption of more sustainable lifestyles continues to grow, but sustainable choices need to be made more affordable and widely accessible for consumers to contribute to the net zero transition.