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Read time: 60 mins Added: 03/03/21
UK Manufacturing: From Now to Net Zero
The latest insight focusing on the specific issues and opportunities facing SME manufacturers and providing them with a roadmap to Net Zero.
SME manufacturers face a fresh challenge – the drive towards sustainability and Net Zero carbon emissions. Based on research and conversations with SMEs across the UK this report explores progress already made by SMEs towards Net Zero, builds on specific issues and opportunities facing SME manufacturers and provides them with a roadmap to Net Zero.
The road to Net Zero is not the same for every SME manufacturer but getting started means becoming knowledgeable.
Almost a quarter (23%) of SME manufacturers said they lacked knowledge in achieving Net Zero and around one in five said there’s a lack of skills and expert guidance.
To gain a deeper understanding of the issues SME manufacturers face, during quarter four of 2021, alongside the Manufacturing Technology Centre, Advanced Manufacturing Research Centre and High Value Manufacturing Catapults, supported by the Manufacturing Technologies Association and the Engineering and Manufacturing Alliance, we hosted a number of roundtable events with senior leaders from SME manufacturing and engineering businesses across the UK. During these events, we explored the challenges, barriers and opportunities they face as they work towards achieving Net Zero and we have drawn together the top five takeaways:
To build on the above and to help businesses move from being aware of the challenge and opportunity of Net Zero, to developing a strategy and taking action, we have developed:
Wherever you are on the journey, you can use the links within the guide to find ideas and support. If you are a Lloyds Bank customer please speak to your Relationship Manager for more information.
Small and medium-sized businesses play a vital role in sustainability and the journey to Net Zero. Our research report outlines a five-step plan for SMEs to get on that journey.