(Courtesy of Enigin PLC)
THE UK’s Carbon Trust is warning that companies in the countries south west region are missing out on the opportunities from the green economy.
At the launch of the Trust’s Green Growth campaign they highlighted that the green economy will grow by 25 percent over the next four years to £112 billion, but less than one in three businesses in the UK’s south west region are developing sustainable or green products and services.
The Trust stated that over 75 percent of the region’s firms recognise that a ‘Green’ reputation does enhance and promote an organisation, 65 percent do not have a yearly plan on reduction of carbon emissions.
Evermore clients and customers are turning to the sustainable and greener companies for supply and services, with many public sector organisations requiring businesses be “green” and working towards a reduced carbon footprint.
The Carbon Trust wants the UK Government to remove unnecessary regulations, that are proving to be a barrier to greening businesses, and provide incentives to boost sustainability and green projects.
Stephen Wyatt, research and development manager at the Carbon Trust stated: “The recent quarterly GDP figures will spark new questions on where growth will come from. In my view, green growth is the only show in town.”
The Trust’s Green Growth campaign will help businesses in the south west region to develop strategies to exploit the green economy.
The campaign also puts pressure on the Government and its Chancellor George Osborne, to deliver a Budget to stimulate the green economy.
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