As part of a new series supporting SMEs on their journey to net zero, and the potential benefits they can gain from taking action, Business News Wales spoke to members of the SME Taskforce in Wales, to gather their insight.
In this episode, Lloyd Powell, Head of ACCA Cymru Wales, speaks about the variety of different viewpoints and advice that makes up the SME Taskforce, led by NatWest Cymru along with Business Wales, BITC, British Business Bank, FSB, Cynnal Cymru as well as ACCA.
Looking at investments, where businesses have made provisions of reducing their energy costs, Lloyd shares insight of the benefits into the environment, economics, talent as well as building better supply chain resilience.
With SMEs playing a critical part in the British economy, especially across Wales, it is estimated that half of the UK’s carbon reduction can be delivered by the SME sector, which should see them at the centre of the UK’s net zero ambition.