NatWest has released an Energy Help and Support tool for UK businesses to help reduce energy consumption, carbon emissions, and potentially save money on energy bills during the winter. Small businesses face a potential challenge as 45% say rising energy prices will be a significant problem in 2024. The tool allows businesses to review their premises’ energy efficiency and access specific recommendations to reduce energy costs and carbon footprint based on their postcode. It covers everything from solar panels to low-carbon heat pumps, including estimated costs, return on investment, and supplier selection assistance.
The support is especially targeted at small and medium-sized enterprises, accounting for around 30% of the country’s emissions. Research from NatWest shows that with the right support, up to 70% of business cases to reduce emissions will make economic sense for SMEs to deliver by 2030. James Holian, Head of Business Banking at NatWest Group, said that the new tool takes away the guesswork by offering specific recommendations for businesses to improve their energy efficiency. The bank is committed to supporting Britain’s transition to a net-zero economy and has a targeted £100bn of Climate and Sustainable Funding and Financing by the end of 2025.
NatWest’s recent launch of a free retrofit learning platform for the construction industry in collaboration with the Supply Chain Sustainability School follows the release of this new online tool. The retrofitting training programme will provide skills to the supply chain, stimulate the growth of the retrofits market, and promote learning with clients and the wider construction industry.
NatWest has released an Energy Help and Support tool for UK businesses to help reduce energy consumption, carbon emissions, and potentially save money on energy bills during the winter. Small businesses face a potential challenge as 45% say rising energy prices will be a significant problem in 2024. The tool allows businesses to review their premises’ energy efficiency and access specific recommendations to reduce energy costs and carbon footprint based on their postcode. It covers everything from solar panels to low-carbon heat pumps, including estimated costs, return on investment, and supplier selection assistance.
The support is especially targeted at small and medium-sized enterprises, accounting for around 30% of the country’s emissions. Research from NatWest shows that with the right support, up to 70% of business cases to reduce emissions will make economic sense for SMEs to deliver by 2030. James Holian, Head of Business Banking at NatWest Group, said that the new tool takes away the guesswork by offering specific recommendations for businesses to improve their energy efficiency. The bank is committed to supporting Britain’s transition to a net-zero economy and has a targeted £100bn of Climate and Sustainable Funding and Financing by the end of 2025.
NatWest’s recent launch of a free retrofit learning platform for the construction industry in collaboration with the Supply Chain Sustainability School follows the release of this new online tool. The retrofitting training programme will provide skills to the supply chain, stimulate the growth of the retrofits market, and promote learning with clients and the wider construction industry.
