Achieving carbon neutrality with renewable energy

Many UK businesses are already implementing an ESOS audit to help them find ways to reduce carbon emissions, create an action plan for saving money and switch to renewable energy.

But is transitioning really going to make a big difference to the UK’s carbon-neutral targets?

What’s the gain from pushing sustainable energy?

The UK has the potential to be a world leader in sustainable energy. But leading the world in renewable energy isn’t the only plus point.

Pushing sustainable energy also has the following benefits:

1. Improves air quality

There’s nothing like taking a lungful of fresh, clean air. But that’s not possible in most major cities. Better air quality is good for all of us, helps to reduce conditions like asthma and helps wildlife and nature flourish.

2. It won’t run out

Renewable energy sources are self-sustaining, which means they’ll never run out. For example, the sun is expected to shine for the next five billion years, so solar power in and of itself will be around long after the human race has been and gone.

3. It’s super-reliable

By implementing an effective network with adequate backup, it’s possible to create a super-reliable power source that could end blackouts and energy rationing.

4. It can create a more peaceful world

Fossil fuels are to blame for worldwide political instability, war and trade law disputes. Renewable energy can be produced solely in the country of use, ending arguments over gas, oil and petrol.

5. Economic growth

A study by the University of Sussex Business School and the University of Portsmouth has found that investing in renewable energy promotes economic growth.

Why?

Because renewable energy reduces income inequality and energy poverty within a country.

In countries where renewable energy use is close to half of its total energy consumption, income inequality decreased by 0.2% for every additional 1% increase in renewables.

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These benefits are there for every country to enjoy if the leaders’ will is there.

What might happen to slow businesses to make the switch?

While renewable energy will save companies money in the long term, it can be costly to implement in the short term. And because of this, many see switching to sustainable alternatives as something for the future.

But here’s the thing: you could be fined by trying to save money short term.

Then there’s the possibility that other penalties could be brought, for example, a duty tax that targets organisations, sectors and industries that are slow to change their habits.

Your business could also suffer as companies look to green their client and supply chains. You’ll struggle to compete in a competitive market and could end up loading out on contracts.

And if that wasn’t enough, the new generation of workers is the most eco-conscious in history. They want to work with eco-friendly companies, so delaying the switch to renewables means you’ll miss out on top talent.

How can companies navigate the transition?

To navigate the transition from fossil fuels to renewables, companies need to:

Focus on their core business
Achieve excellence in their operations and safety processes
Constantly innovate to achieve the lowest carbon footprint possible

Energy transition impacts every area of your company, and business owners who go all in on renewables and create a robust framework will save money long-term.

Need help switching to renewable energy?

Then why not speak to Inteb?

Our experience in net-zero strategy and energy efficiency has helped clients stay ESOS compliant, lower emissions, reduce waste, and save money on their energy bills. And it’s this experience and in-depth understanding that makes us the ideal partner to help your business to become carbon neutral.

To find out more, visit the ESG and Net-zero Carbon section on our services page, then get in touch.