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HomeRenewablesclimate actionSMEs go green for growth – but want cash support

SMEs go green for growth – but want cash support

Small businesses are stepping up on climate action to stay competitive and future-proof their operations – but most say they’re doing it without enough help.

That’s according to the latest SME Climate Hub Survey, which shows customer pressure, compliance rules and business resilience are driving a surge in climate ambition.

More than half of SMEs say going green wins them new customers, while 61% now act on climate to meet client expectations – up from 40% last year.

But it’s not just about sales. Nearly 60% say climate action helps shield them from risks like extreme weather and supply chain shocks.

And 60% now flag regulation as a key reason for action, up sharply from 37% in 2024.

Despite the progress, money remains a sticking point.

Four in five SMEs say there’s little or no government support and only 4% rate existing help as strong.

Most want better incentives – think tax breaks and cheap loans – to keep the momentum going.

The survey polled 471 firms across 53 countries, with the UK making up over half the responses.

Pamela Jouven, Director, SME Climate Hub said: “SMEs aren’t waiting for action—they’re leading it. The momentum is there but SMEs need better financial and policy support to reach their full potential.”

Energy Live News
Energy Live Newshttps://www.energylivenews.com
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
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