With energy prices soaring and supply chain issues continuing unabated, UK SMEs are looking at investing in sustainable initiatives with a greater urgency than ever before. As the UK’s largest business bank, NatWest conducts a quarterly Sustainable Business Tracker, gauging how purchasing decisions are being influenced by climate concerns. Our latest findings show: One in
In February, NatWest Group published its most extensive climate-related disclosure to date. Key highlights include: Providing £17.5 billion of climate and sustainability financing last year – aiming towards £100 billion by 2025. Launching green loans and green asset financing to provide fee-free lending for sustainable projects and investment. Collaborating with carbon tracking expert Cogo and
‘Going green’ can seem like an expensive and complex process. While we’re seeing an unprecedented shift in the way many small and medium-sized enterprises (SMEs) feel about reducing emissions, there are still many barriers standing in their way according to NatWest’s head of business banking, Andrew Harrison. As the UK’s largest business bank, NatWest has
During the first week of COP26, NatWest gathered over 70 stakeholders in Glasgow to discuss practical steps for small and medium-sized enterprises (SMEs) to tackle climate change and lead the UK’s green economic transformation. The session followed the bank’s ‘springboard to sustainable recovery’ report, which identified a £160 billion growth opportunity for British enterprises tackling
As a principal partner of COP26, NatWest has an important role to play in determining the true legacy of the summit, helping financial institutions, governments, industry bodies and business to deliver meaningful climate action behind the pledges made in Glasgow. Our recent UK Sustainability Purchasing Managers Index report highlighted that the nation’s businesses are committed
There is a shared understanding that one of the top priorities facing the world is the need to reduce carbon emissions and enable businesses to transition to net zero. To support UK decarbonisation and the government’s net zero strategy, NatWest commissioned research which found that 50 per cent of the UK’s carbon reduction ambition can