Unlocking the pathway to sustainable business practices is not just about ambition; it’s about accessing the right resources and guidance to make it happen. As accountants, we often find ourselves in a unique position to connect our clients with valuable opportunities, such as accessing funding from government bodies and financial institutions like Lloyds Bank. This support can be pivotal for SMEs in Coventry and Warwickshire as they strive to make their operations more energy-efficient and environmentally sustainable. Here are some insights and tips we’ve gathered to help businesses in the region achieve their sustainability goals, from securing energy efficiency grants to tapping into Lloyds Bank’s suite of sustainability support services.
Small and medium-sized enterprises (SMEs) in Coventry and Warwickshire have a fantastic opportunity to secure energy efficiency grants ranging from £1,000 to £100,000. This initiative aims to help local businesses transition to more sustainable and energy-efficient operations.
Energy efficiency grants for Coventry and Warwickshire SMEs
Eligible businesses in Coventry and Warwickshire could receive grants up to £100,000. These grants are designed to support SMEs in implementing energy-efficient measures that can significantly reduce operational costs and environmental impact. For more details on how to apply, visit the Coventry and Warwickshire Chamber of Commerce.
Sustainability support from Lloyds Bank
Lloyds Bank offers a range of services to assist businesses in their sustainability journey. Here are some key areas of support:
- Sustainability Business Audit
A comprehensive sustainability audit can help businesses align their strategic planning with social responsibilities. This can enhance their competitive edge, ensure compliance with supply chain standards, and improve their attractiveness as ethical employers. For more details, check out the Clean Growth Sustainability Audit Guide.
- Clean Growth Finance Initiative
Lloyds Bank offers preferential rates and terms for funding equipment, capital expenditures, and property upgrades that meet green criteria. Learn more about the Clean Growth Financing Initiative.
- Green Building Tool
This interactive tool helps businesses identify energy-efficient investments for their properties. Explore the Green Buildings Tool.
- Electrification of Fleet
Lloyds Bank partners with Drive Electric, Fleet Alliance and Tusker to provide salary sacrifice options for employers. This initiative supports mutual benefits and enhances remuneration packages. Bespoke packages can be tailored for specific client needs.
- Sustainability Resources
Lloyds Bank offers an interactive guide to help businesses move towards net-zero emissions. Access the interactive guide.
- Asset Finance for Renewable Energy Projects
The Asset Finance team can fund various renewable energy projects, including solar PV assets, battery storage, heat pumps, EV charging points, onshore wind, glasshouses, LED lighting and biomass boilers. To find certified solar PV suppliers, visit MCS Certified.
For any questions related to how you can access these funds, please do not hesitate to contact us.
