Majority of SMEs still focused on improving sustainability despite pandemic challenges

The majority of Scottish SMEs remain focused on improving their environmental sustainability despite Covid-19, according to Bank of Scotland’s Commercial Banking’s Business Barometer.

More than half (56{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}) of Scottish SMEs said becoming more environmentally sustainable is important to their business – just 13 points fewer than the proportion that said the same in 2019 (69{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}).

Despite the challenges of the last year and the disruption caused by the coronavirus pandemic, more than half (68{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}) of Scottish SMEs have continued to work to become more environmentally sustainable in the past 12 months.

Almost a third said they have invested in energy efficient equipment or machinery (28{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}) or made alterations to their premises to make it more energy efficient (27{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}).

Meanwhile, a fifth of (20{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}) have used suppliers that source environmentally friendly products and services, while a similar proportion (17{9fdcce03dc006ba6aefbae291db7d19e2674997f46d46055bf64c42b760b042b}) introduced policies and incentives to help employees reduce their carbon footprint.

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