We all know that moving towards net zero is good for the planet and reducing carbon emissions is the biggest priority in terms of countering global heating. However, for small businesses, cutting emissions and shifting towards net zero emissions also make good business sense, and can bolster the resilience of your company. Intrigued? Here’s how …
Future energy crunches
As the past two years have starkly shown, we live in an unpredictable world. The recent spike in the price of gas that sparked rising energy prices and a cost of living crisis shows this all too well. Relying on traditional means of energy from non-renewable sources such as oil and gas is not only bad for the planet in terms of pollution and carbon emissions, but also potentially damaging financially. Recent research from energy analysts Cornwall Insight found that SMEs are on track to see their gas bills rise by an average of 250% year-on-year (2021-2022). Investing in alternative solutions (such as electric vehicles), or renewable energy (such as solar or wind-powered factories), might come with an upfront cost, but in the longer term, could insulate your business from global fluctuations, as will using energy-efficient heating or appliances throughout your premises.