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UK SMEs don't understand what the government's 2050 target for net zero emissions means for them

2023-02-24

A survey of more than 1,000 businesses by the British Chambers of Commerce (BCC), 96% of which were small and medium-sized enterprises, found that 90% did not fully understand what the government’s target of achieving net zero emissions in the UK by 2050 meant for them.

Among them, there is a huge difference in understanding net zero emissions between companies with more than 50 employees and those with less than 50 employees. Regarding the understanding of net zero emissions, 56% of large companies have "complete" or "some understanding" of the net zero emission target, while only 35% of small companies have this idea. Among companies that have formulated net zero plans, only 19% of companies with less than 50 employees have this idea, while 36% of companies with more than 50 employees have this idea.

To this end, BCC and Lloyds Bank plan to invite businesses across the country to discuss the most effective ways to provide assistance and raise awareness of net zero emissions.

News keywords: #net-zero-emissions #SMEs

Information source: ENERGY & ENVIRONMENT (https://businessnewswales.com/research-reveals-smes-dont-understand-what-net-zero-by-2050-means-for-them/)

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