From Now To Net Zero: A Practical Guide For SMEs' Report

19th November 2021

Climate change poses a risk to every aspect of our lives and reducing carbon emissions to achieve Net Zero is an essential step. The journey to Net Zero is a long one and the transition of our economy to a sustainable footing will be the most momentous change in business and industry of our generation.

But this is not a journey we need to make alone. All businesses are on the same road - no company can reach Net Zero by themselves, and no company can afford to be left behind.

Today Bank of Scotland launches its new report 'From Now to Net Zero: A Practical Guide for SMEs'.

The report, which you will find attached, looks at the current journey SMEs are undertaking to reach Net Zero, what challenges they are facing and concludes with practical steps that Bank of Scotland are taking to support SMEs on their journey.

The research, conducted by Bank of Scotland shows that there are five key stages that SMEs progress through when striving to reach Net Zero:
Getting Started
Short-Term Wins and Employee Engagement
Measure, Mobilise, Monitor
Navigating the Road Ahead
Heroes of Net Zero

Of the over 1000 SMEs Bank of Scotland surveyed for the report, 89% recognise the importance of sustainability for their business, yet 40% say they do not know what Net Zero means for them. The Bank, alongside the SMEs they work with, has identified three key steps that SMEs must take to shift from indecision to action and the report looks further into these steps and includes case studies of companies on differing stages of the journey.

For more information and to download the full report go HERE