A huge opportunity exists to support small businesses to become more sustainable as they face mounting economic challenges, according to a new report from Oxford Brookes Business School and Small Business Britain.
In findings that point to the ambition amongst small firms to take action on climate change, 71% of small businesses said they intend to reduce their carbon emissions over the next two years, but many feel that barriers such as lack of finance (41%) and time pressures (30%) are holding them back.
The research, which was gathered earlier this year, shows that over two thirds (69%) of British small firms were already actively lowering their carbon emissions and over half (56%) were taking action to optimise energy usage and reduce waste in their business.