04/04/2011
Companies may be missing their chance to become part of the green revolution, as they are worried about the threats posed by going green - rather than embracing the opportunities.
That's according to the Carbon Trust, who claimed that companies need to be more interested in making their operations more eco-friendly.
News on Green reported on the news, which also confirmed some small and medium-sized enterprises could be missing out on the chance to secure a portion of the £112 billion market that "green goods and services" occupy.
Currently, only 22 per cent of SMEs have done so.
A representative of the Carbon Trust, delivery programmes director Ian Gibson, gave his thoughts on what the organisation was attempting to do for companies nationwide.
He told Business Green: "We want to help Britain's small firms to seize the opportunities presented by green growth through cutting costs or developing greener products and services."
It is thought that only 29 per cent of companies have recognised the increased profits they could reap from 'going green' - with some potentially worried about the cost involved in upgrading their products, services or facilities.
Those in this situation should consider freeing up some cash through the many sales finance options available; as this would then allow them to invest back into their business, making a firm commitment to what the Carbon Trust hopes will be an environmentally-friendly British economy.
Companies may be even more spurred on to do this after hearing Gibson's final thoughts, which concluded: "Businesses that do not embrace the green economy risk losing out."
"As larger firms look to reduce carbon in their supply chains, SMEs that don't act now could get cut out in favour of greener competitors."
Deborah Bates