In Focus Commercial Credit
Taking the green track
The COVID-19 pandemic is motivating businesses to get serious about environmental issues
Paul Sheffield Managing director, Drax’s Customer Businesses
Two-thirds of Britain’s SME business leaders say they are now more environmentally conscious in the wake of the coronavirus pandemic, according to our new research released last month. Our survey found that small and medi-
um business bosses are having to make bolder decisions as they prepare for a brave new business world.
Bravery In total, 66% admit that their own leadership requires a greater degree of bravery in decision making since the pandemic. The news comes as the UK begins to
move out of lockdown, and businesses begin to identify processes for the new world. Although over half (59%) say the
pandemic has increased the importance of
sustainability, the need to stabilise their business is holding them back from making bigger leaps in the sustainability agenda. Three-quarters (75%) of those questioned
feel they need to run their businesses differently, with a focus on new ways of working, and almost half (45%) are looking to offer the option of working from home as they seek to provide employees with more flexibility.
Emergency Dealing with COVID-19 and the climate emergency is the greatest challenge the world has possibly ever faced. Business leaders recognise they need to
be braver and more agile in their decision making to manage short-term priorities of stabilising their businesses and protecting employees. But they also realise that as we navigate
out of lockdown, it is more important than ever to make sure sustainability is at the heart of their operations.
Our survey found that small and medium business bosses are having to make bolder decisions as they prepare for a brave new business world. In total, 66% admit that their own leadership requires a greater degree of bravery in decision making since the pandemic
August 2020
www.CCRMagazine.com
Zero carbon We are committed to enabling a zero carbon, lower cost energy future. We are working with our customers as an energy partner, enabling them to become more sustainable, to reduce their emissions by using renewable electricity, EVs, batteries and smart technologies which are better for the environment but can also have a positive impact on their bottom line as well. CCR
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