Financial pressures force SMEs to shelve green projects

Kashflow logo
1

Many UK firms are neglecting efforts to be more environmentally friendly, according to research from the UK200Group.

The organisation, which represents over 110 independent accountancy and law firms, teamed up with the University of Middlesex to quiz 181 small- and medium-sized businesses across a variety of sectors.

While 80% of firms surveyed thought environmental issues should be a high priority, issues such as energy cost and waste reduction fell behind concerns such as keeping up to date with skills and training (a priority for 51%) and health and safety (listed by 46%). In fact, 58% of those questioned admitted that they did not currently have an environmental policy in place.

Just over half (53%) agreed that increased legislation would ensure environmental improvement, althoug...

Please Login or Register to read the full article

The full article is available to registered AccountingWEB.co.uk members only. To read the rest of this article you’ll need to login or register. Registration is FREE and allows you to view all content, ask questions, comment and much more.

Gina Dyer
Deputy Editor
Sift Media
Share this content

Replies

Please login or register to join the discussion.

avatar
By draycir
06th Aug 2009 15:52

Green projects can SAVE you money
I would have thought that the main priority for many SMEs at the moment is reducing overheads, cutting costs and saving money.  It’s all about cash flow.

Yet, it’s here that green issues can actually be at their most powerful.  But, perhaps it’s all about how you pitch it and how it’s perceived? Often wrongly, businesses mistake being 'environmentally friendly' with expense when in fact it can seriously cut costs and save money. 

Just look at the benefits from going paperless where a typical SME using paperless software such as Spindle Professional can expect to get paid quicker and save thousands by sending information such as invoices out electronically.

When encouraging SMEs to be more environmentally friendly perhaps the green message should play second fiddle to the primary cost savings message.  If the knock-on benefit from cutting costs is being more environmentally friendly perhaps it will only help to sweeten the deal and ensure that green projects aren’t shelved.

Richard Reaveley
Director
Draycir
http://www.draycir.com/spindle
http://twitter.com/reaveley

Thanks (0)