Our UK research shows that fewer than one in 10 SMEs (8%) fully understand what the Net Zero target means for them. Despite this most SMEs (79%) are taking action to reduce their carbon footprint and increase their efficiency. However, there is a huge divide on progress between smaller businesses, operating on tight margins, and larger SMEs with more resources.  

We know that the biggest barriers for SMEs are cost, confusion, and a lack of skills, while larger firms are looking for clear and consistent price signals to unlock investment and quicker permissions on new low-carbon infrastructure.