SMEs have a key role to play in decarbonisation – as well as plenty to gain in potential business growth as a result.
But with pressures including rising energy prices, global supply-chain issues and a challenging labour market, SMEs are facing tighter cash flows and many fear for the future of their businesses.
And that’s leading to many SMEs seeing carbon reduction as a problem for another day.
The Wales SME Climate Taskforce is a collaboration which aims to help SMEs see climate action as a priority and a key part of resilience planning, and to signpost them to support which could help them to take action and to unlock the potential benefits.
- Share insights on business transformation in Wales.
- Identify the barriers faced by SMEs.
- Champion solutions.
- Discuss potential next steps for SMEs and signpost to practical interventions and support.
Research by NatWest has identified a revenue opportunity of £175 billion between now and 2030 for SMEs focussed on decarbonisation. That could also lead to substantial regional growth, with the potential for growth of between £9 billion and £11 billion in Wales.