The vast majority of small businesses have yet to put targets in place to reduce their emissions, according to a new report.
Only one in 10 of firms said they measure their carbon footprint, despite half of respondents to the survey acknowledging their customers are worried about the environment
Cost is considered the biggest barrier, with 30% claiming lack of finance is holding them back, according to the study by the British Chambers of Commerce and O2.
The research also showed only one in seven (13%) have set targets to reduce their emissions – down from one in five (21%) when firms were surveyed before the pandemic in February 2020.
In addition, almost two thirds (64%) of businesses surveyed say they don’t see net zero targets as a high priority in the wake of the pandemic, although half (49%) admit their customers are worried about the environment.
Shevaun Haviland, Director General of the BCC, said: “This research is a real eye-opener and shows just how big a challenge the UK’s net zero target is. The dual impacts of the pandemic and Brexit have been a huge body-blow to many businesses, so it’s unsurprising that targeting emissions has taken a back seat.