If the UK is to go Green, the Contribution of the Finance Sector is Imperative

Energy efficiency is no longer a fringe exercise with expensive upfront costs and limited outcomes. It is a mainstream option that is more accessible and feasible than ever before.

We know how important it is for businesses to reach their sustainable goal, but they need to protect budget too.

It’s a message that is often delivered here at Utility Trade Group – the UK Government has set a net-zero goal which must be achieved. It’s now been passed into UK law, meaning the target to bring all greenhouse gas emissions is a necessity as opposed to a choice.

We’ve written previously about a number of steps that can be taken by individuals and businesses alike, to achieve this goal – namely energy efficiency. But City Minister, John Glen argues that the UK’s financial services sector must lead the way in ensuring that the country continues to drive its emission rates down to the required level, in a sustainable way. In fact, he goes as far as suggesting that it must do more than just lead the way – he believes that the sector will have a bigger role to play than any other industry.

Mr Glen has outlined a proposal for a new Green Finance Strategy, which is essentially a scheme whereby the climate impacts of PLCs and asset owners should be disclosed to the public – with a goal of just two years for this initiative to come into practice.

Whilst energy efficiency is essential in achieving the goal, and indeed harbours long term ROI benefits – one of the most common cases of resistance in the market, is the initial upfront cost. It’s a challenge that has a solution – financial support in the sector – and this is why the City Minister has insisted that the contribution of the finance industry is crucial in the progress that the UK seeks to make.

There are a wide range of grants, funds and solutions available dependent on which energy efficiency solution you wish to implement, when it comes to doing your bit. Here at Utility Trade Group, our experienced Account Managers can guide you through the process, helping you to understand the host of solutions available.

Promoting the economic advantages of energy efficiency will unlock a rapid adoption of sustainable practices, and safeguard our environments future.

So, get in touch with Utility Trade Group today, to see how we can help you find a solution that is perfect for your business – with regards to both climate change, and the financial options available to you.