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How can SMEs contribute to clean growth? How are SMEs adjusting to the pressures of climate change and low carbon? How are firms financing the transition to net-zero?

Background

BEIS is striving to create fairer, inclusive and flexible workplaces so that everyone has the change to succeed, whilst balancing home and work life. We will unlock enterprise and cut burdens to help businesses start and grow, while reforming corporate governance and improving boardroom diversity. To that end, BEIS needs research to better understand the following:

Next steps

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Source

This question was published as part of the set of ARIs in this document:

Beis areas research interest interim update 2020

Related UKRI funded projects


  • Supporting SMEs to Net-Zero Through Innovative Digital Technology

    To enable the global warming target in the Paris Agreement to be met, global carbon emissions should reach net-zero around mid-century. If the UK is to deliver its 2050 net-zero target, smaller companies across the UK in...

    Funded by: Innovate UK

    Lead research organisation: INTERFACE NRM LIMITED

    Why might this be relevant?

    The project directly addresses how SMEs can contribute to clean growth and adjust to climate change pressures by developing a web-based Learning Management System to help them reduce carbon emissions and move to net-zero.

  • Project DNA (Dashboard for Net-Zero Action)

    SMEs often lack the time, skills and knowledge to achieve their climate ambitions. For SMEs struggling with rising costs today, moving towards net zero looks capital intensive and risky. There are a variety of carbon ac...

    Funded by: Innovate UK

    Lead research organisation: POWER MY HUB LIMITED

    Why might this be relevant?

    The project addresses how SMEs can contribute to clean growth, adjust to climate change pressures, and finance the transition to net-zero.

  • Data driven reduction strategies for net zero

    Currently, only 11% of UK SMEs know their carbon emissions, with over a third yet to seek any advice to develop a net zero roadmap. There are 5.5 million SMEs, producing 30% of UK emissions, needing help to reach net zer...

    Funded by: Innovate UK

    Lead research organisation: ZEVERO LTD

    Why might this be relevant?

    The project specifically addresses how SMEs can contribute to clean growth, adjust to climate change pressures, and finance the transition to net-zero.

  • SME Green Credit Score

    This project aims to develop a Green Credit Score which will enable financial institutions and public authorities to assess Climate and Environmental Risk (CER) for small and medium enterprises (SMEs). The availability o...

    Funded by: Innovate UK

    Lead research organisation: 4MOST (EUROPE) LIMITED

    Why might this be relevant?

    The project aims to develop a Green Credit Score for SMEs, which will incentivise them to become environmentally responsible and support the transition to net-zero, addressing the question of how firms are financing the transition.

  • This project will create a user-tested and fully functional automated sustainability solutions platform for SMEs, reducing emissions by 150,000 tCO2e annually.

    Ecofye is a rapidly growing UK-based company, specialising in accelerating climate action and using autonomous technology to provide impactful sustainability solutions to SMEs. Founded by Daniela Arroyo-Olson, Daniel Kei...

    Funded by: Innovate UK

    Lead research organisation: ECOFYE LTD

    Why might this be relevant?

    The project partially addresses the question by providing a platform for SMEs to improve their environmental impact and reduce emissions, but does not specifically address clean growth or financing the transition to net-zero.

  • Net Zero Transition for Businesses in East Birmingham

    In 2019, Birmingham, the UK's largest local authority, declared a climate emergency and in 2021 approved a Route to Zero (R20) Action Plan setting the priority actions and milestones for the council and wider city to bec...

    Funded by: Innovate UK

    Lead research organisation: BIRMINGHAM CITY COUNCIL

  • Innovating for a Low Carbon Economy

    The UK government has committed to reduce the country's green house gas (GHG) emissions by 80% by 2050. It is, now, widely acknowledged that this transition to a low carbon economy is unlikely to occur unless radical cha...

    Funded by: ESRC

    Lead research organisation: University of Southampton

  • Driving Net Zero transformation of Mid South West region in Northern Ireland

    In June 2022 the NI Executive passed the Climate Change Act (Northern Ireland) 2022 setting targets for Northern Ireland to reduce its greenhouse gas (GHG) emissions, including a target for Net Zero emissions by 2050\. A...

    Funded by: Innovate UK

    Lead research organisation: ARMAGH CITY BANBRIDGE & CRAIGAVON BOROUGH COUNCIL

  • Novel Process Engineering Emissions Calculator

    Climate change is one of the biggest threats that life on earth has ever faced. The slow, but dangerous, accumulation of heat-trapping greenhouse gases in the earth's atmosphere has already promoted extreme weather condi...

    Funded by: Innovate UK

    Lead research organisation: NEUTREENO LIMITED

    Why might this be relevant?

    The project specifically addresses how SMEs can measure and understand their emissions and transition to net-zero, aligning with the question.

  • Nature Positive SME Finance

    The climate and ecological emergency is driven by unsustainable business and investment and negative environmental societal (consumer) behaviours. These adverse effects can be addressed through approaches to investment t...

    Funded by: NERC

    Lead research organisation: Middlesex University

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