Articles
Are You Policy Ready?
With sustainability policies becoming stricter, it’s essential to understand the regulations that apply to your business to avoid penalties and seize new opportunities.
Why does it matter?
New Opportunities
Meeting sustainability regulations can open doors to green financing, new customers and eco-conscious partnerships.
Reputation
Boost
Consumers are increasingly prioritising sustainability. Proving you meet regulations can enhance your brand's trustworthiness and appeal.
Attract
Talent
Many employees, particularly younger generations, are drawn to companies with strong sustainability practices. Complying with regulations can help you attract and retain top talent that values environmental responsibility.
Avoid
Penalties
Regulations like the Plastic Packaging Tax and Streamlined Energy and Carbon Reporting (SECR) require SMEs to track and report energy use and emissions. Non-compliance can lead to fines and reputational damage.
What are some relevant policies?
SECR Reporting
Larger SMEs must report energy use and emissions
Environmental Act
SMEs in construction or manufacturing must meet biodiversity targets and waste management regulations.
Climate Change Act
Encourages all SMEs to take action towards net-zero emissions by 2050, with increasing pressure from consumers and investors.
GHG EMissions Reporting
Larger SMEs may need to disclose greenhouse gas emissions.
How can SMEs get ready?
Monitor Regulations
Keep an eye on local and national policies, especially those related to energy use, carbon emissions, and waste management.
Adopt Sustainable Practices
Integrate sustainability into your daily operations to stay ahead of new laws and regulations.
Consult Experts
Work with sustainability advisors or legal experts to navigate complex regulations and ensure compliance.
Track Progress
Implement a system for regularly tracking and reporting your sustainability efforts, helping you stay on top of regulations and demonstrate your progress to stakeholders.
Ready to take your sustainability steps?
Let’s make them a reality.
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