UK risks missing small business green growth opportunity

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Four in five business owners want to improve their sustainability, according to a major new study from Small Business Britain and BT, with almost one in four small businesses viewing ‘going green’ as a growth opportunity

A lack of leadership and financial constraints are holding back small businesses in their attempts to go green, new research has revealed.

The survey of over 2000 business owners – analysed by Oxford Brookes Business School – found that three quarters of small business owners say they have already taken steps to make sustainable changes but only 20% feel their action is significant. "We see the desire to do more in the small business community but people are limited and need more support - while sustainable practices can unlock cost savings, this needs to be more affordable."

Michelle Ovens CBE, Founder of Small Business Britain, said: “There are mounting concerns about climate change and the transition businesses and society need to make in the coming years. Small Business Britain and BT have also launched applications for a new free, six-week ‘Sustainability for Small Business’ training programme to empower small businesses across the UK to better understand their environmental impact and embrace more sustainable practices and opportunities for change.

 

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