A survey released by Make UK reveals that despite the Brexit challenge, 71% of businesses in the UK claim that they are saving money by cutting costs using their sustainability programs. Finally, businesses are starting to look past the immediate cost saving drivers with an eye toward sustainability for the long term.
Half of the respondents said they were taking steps toward greater energy efficiency, while nearly a fifth are embarking on “cutting edge energy efficiency projects” such as demand-side response, the report states.
Strategies put in place include onsite battery storage, installation of onsite renewable heat systems and onsite renewable power generation. Replacing outdated equipment also delivered energy cost saving benefits for those companies surveyed along with working towards voluntary standards such as ISO 14001 was another common step, introducing high level international standards.