West Midlands Businesses Urged to Go Green
West Midlands businesses have been urged to incorporate more sustainable practices
The independent research shows that less than one in three businesses (30%) in the West Midlands region sees sustainability as a way of improving their trade, while less than a quarter (22%) see any profit in low carbon technology.
Furthermore, only 28% were actively developing greener products and services.
Despite the poor results, over half of those surveyed (54%) are generally aware that they can save money by going green which shows that while there is an awareness of the potential benefits, but very few businesses in comparison are actively utilising sustainable means.
The Carbon Trust believes that businesses in the West Midlands need to recognise the opportunities in the green sector, and they are now looking to use the region as the base for a new Green Growth campaign.
Harry Morrison, director of certification and accreditation at the Carbon Trust, said:
“We have had a tough couple of years but there are opportunities for growth beginning to emerge and the green economy offers some of the best. The environmental market is worth around ┬ú112bn in the UK and this is forecast to grow by 25% by 2015 so as far as we are concerned, it pays to get involved now.”
However despite the region’s apparent lack of sustainability, Birmingham councillors have recently been praised by the Government for implementing a city-wide initiative that could save millions of pounds on running costs.
By replacing 55 old buildings with 8 efficient purpose-built offices, improving the overall sustainability of their buildings and reducing empty space, Birmingham’s Working for the Future scheme is expected to drive down running costs and save the council ┬ú100m over 25 years.
Find out more here: Birmingham Green Property Scheme to save Council Millions.