SOURCE: Expert Market

Expert Market

November 05, 2012 06:00 ET

How the UK Economy Is Leading SMEs to 'Go Green'

LONDON--(Marketwire - Nov 5, 2012) - The UK's recent economic downturn has encouraged small businesses to look for 'green' solutions for business savings.

The recession has been a driver for sustainability for UK small businesses. The steady rise in energy costs has motivated SMEs to look for savings through green initiatives.

Small business owners have been most successful in saving with simple changes to their offices. SMEs often think that achieving a greener office is a huge undertaking, while there are many quick ways to reduce costs. For example, something as easy as changing light bulbs can cut energy bills.

The concept of 'going green' can be interpreted differently from business to business. Expert Market, which helps UK businesses source office equipment and services, recognises that there are many ways a business can approach creating a more sustainable office.

For example, reducing energy consumption, relying on an alternate energy source, or even reducing CO2 emissions. However, SMEs do not need to make all of these changes to see tangible results in cutting costs.

Where Can SMEs Turn to Make Energy Changes?

Recent government initiatives have helped drive awareness and give SMEs information on creating a greener business environment. With the help of sustainable projects such as Go Green Plus, many UK businesses have already saved a lot of money with small changes.

Helen Clark Bell, Go Green Plus project manager from MCC Business Solutions, said, "We have helped businesses generate significant annual savings and often their actions have had no cost or little cost to implement."

UK Small Business Success Story

  • Look In Video & Off Licence, Twickenham, UK -- Through the Go Green Plus Project, used a £1,000 Energy Efficiency grant from Richmond Council to replace 62 tube lights to T5 energy efficient lighting throughout the shop.

    According to MCC Business Solutions, they "saved £2,282 on the annual energy bill and saved 8.52 tonnes of CO2 emissions."

Recent 'Green' Projects & Initiatives

  • Go Green Plus Project
    Delivered free of charge, this initiative is offers SMEs a review of their environmental performance and actively works with them to draw up an action plan to take their business forward.
  • Carbon Trust
    A world-leading organisation designed to help businesses, governments and the public sector to, "accelerate the move to a low carbon economy through carbon reduction, energy-saving strategies and commercialising low carbon technologies."
  • Green Investment Bank
    The world's first investment bank solely dedicated to greening the economy. Recently set up in the UK, it will be, "a key component of the progression towards a green economy, complimenting other green policies."

Notes for editors:

1. More details regarding the Green Investment Bank -- see a recent press release here (17 October 2012)
2. Expert Market offers free services to UK businesses, providing a sourcing tool to finding office equipment and business services. Expert Market supports sustainability in the workplace and ways for businesses to save on energy costs.

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