Report: Majority of UK SMEs struggling to embed sustainability
Almost three-quarters of UK SMEs are struggling to embed sustainability practices, citing costs issues and unfavourable government policies as major stumbling blocks, according to a new report.
The Uprising Report was released earlier this week by advertising agency 18 Feet & Rising, polling 100 chief executives of small and medium-sized enterprises (SMEs) on approaches to sustainability. While 88% of respondents claimed to value sustainability, 70% had struggled to embed practices and strategies.
The report noted that eight in 10 SMEs plan to introduce more ethical and sustainable practices within the next five years, but that many were struggling to accelerate progress in the current climate. Notably, 40% thought that sustainable practices were too costly to implement, while 42% claimed that the UK Government wasn’t doing enough to encourage sustainable business practices.