Kunal Sawhney, CEO, Kalkine Group, considers the part small business can play in achieving Net Zero by 2050

Kunal Sawhney, CEO, Kalkine Group writes:

Reducing the overall carbon footprint across the United Kingdom has been one of the primary agendas of the government, following which respective departments have been assigned various predefined duties that are required to be fulfilled in the given period of time. The big corporations have already pledged to reduce the carbon emissions by eliminating conventional processes and modifying key operations that are highly dependent on the usage of fossil fuels, while many other enterprises have declared to incorporate green technology in their supply chains, machineries and other periodic tasks.

The government backed campaign — Together for our Planet — has been designed to encourage small-scale businesses to come forward, supporting the wider objective of net zero by 2050 or earlier. The Downing Street administration has been assisting the small and medium businesses while they adapt to the technological advancements that can be beneficial for their operations, as well as the national target.

Over six million small businesses operating in the United Kingdom, generate approximately £2.2 trillion of revenue to the national economy. On a cumulative scale, these enterprises employ nearly 60 per cent of the UK workforces, one of the major aspects that make them important in an attempt to reduce carbon presence.

The small scale businesses are expected to lead the charge of the net zero programme, progressing ahead on the way of climate change by alleviating the carbon dependency within the processes and, at the same time, introducing better-equipped machineries that can help in minimising the mechanical steps and remain efficient.

Under the government-led campaign focused on small businesses, all the enterprises have limited resources and subsequently low turnovers will be guided on the practical and small steps that can be easily incorporated in their organisations. As a result of which, these very measures can help in cutting the emissions, leading the transformation to the broader objective of net zero.

The government-constituted UK Business Climate Hub has been laid out with an objective to provide the small enterprises with the practical resources and tools that can effectively catalyse the transformation. Furthermore, the corporations can also utilise the hub to seek professional advice that can help in understanding the nature and major source of emissions alongside developing a plan to prune them.

The hub will act as a supervisory body that can periodically guide the businesses with innovative ideas and the steps that can be integrated without affecting the potential of output.

Some of the key measures include transforming the extant fleet of fossil fuel-powered vehicles to electric vehicles, becoming flexible about environment-friendly packaging options, replacing the conventional light sources with energy efficient light bulbs, encouraging the employees to develop a habit of cycling to work and introducing cleaner forms of transport to lessen the carbon footprint.

A group of the UK’s biggest multinational corporations, including the NatWest Group, BT, and Scottish Power, will be made accessible to all the small enterprises in a desperate bid to transpose the expertise behind the green industrial revolution. These giants can help the small-scale commercial settings in taking manageable and practical steps that can moderate the processes in-line with the technological advancements, effectively cutting down the net emissions.

The ideas that can promote the growth of a low carbon business and can help in detailing the benefits of future-proofing will be encouraged. The small businesses will be put under a rigorous training programme that can drive them towards taking green initiatives. The small businesses will be driven to the climate hub by using high-profile digital channels.

All such initiatives can be quite eventful in expediting the journey to the target of net zero, as well as cushioning the business growth by developing new opportunities, encouraging fresh streams of investment, creating new jobs for the skilled workforce, while all the enterprises work collectively to reduce the emissions. Moreover, these very steps can be very crucial in minimising the overall running costs for the businesses, building a competitive advantage on a local as well as global scale. The enterprises are poised to save huge costs and attract new customers with these initiatives.