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Businesses in Scotland: energy inefficiency is having a significant impact on the profit line

Zero Waste Scotland is encouraging businesses to keep hold of their hard-earned profits by cutting out inefficient energy use.

29 Nov 16

Figures from Zero Waste Scotland show small and medium-sized enterprises (SMEs) waste around £19,000 on average each year that could have been avoided simply by making energy efficiency improvements.

Scottish Government loans of up to £100k are available to SMEs to help them make positive efficiency changes, subsequently saving themselves money by reducing waste. Examples include installing LED lighting, better insulation, boiler upgrades and renewable technologies, and can range in scale and cost with unsecured funding of £1,000 to £100,000 available.

In addition to financial assistance, businesses also receive their own Resource Efficient Scotland expert advisor to help them make their plans a reality and help with each step of the project.

Zero Waste Scotland Chief Executive, Iain Gulland, said: 'We know many businesses share our vision of maximising resource efficiency and keeping costly waste to a minimum, and often it’s the initial investment needed that’s the missing ingredient. The SME Loan Fund is a great way for enterprises to make optimum use of energy, water and waste under expert guidance at no extra cost – ultimately delivering savings while helping the environment.'

Organisations in Scotland could save £2.9 billion every year by using energy, water and raw materials more efficiently. Iain added: 'Businesses from a wide range of sectors have already benefited from SME Loan funding and we want to see even more taking up this fantastic opportunity. We look forward to working with small and medium-sized businesses with big ambitions for reducing their carbon footprint.'

For more information and to apply visit the Resource Efficient Scotland website.


Notes For Editors

  • Zero Waste Scotland exists to create a society where resources are valued and nothing is wasted. Our goal is to help Scotland realise the economic, environmental and social benefits of making best use of the world’s limited natural resources. We are funded to support delivery of the Scottish Government’s circular economy strategy and the EU’s 2020 growth strategy.
  • More information on all Zero Waste Scotland’s work can be found at www.zerowastescotland.org.uk . Keep up to date with our latest news on - Twitter | Facebook | Google Plus | LinkedIn
  • The Scottish Government is the Managing Authority for the European Structural Funds 2014-20 Programme. For further information visit our website or follow @scotgovESIF.

For media enquiries contact:

Yvonne Gallacher, PR Manager
t: 01786 237 337
m: 07702 976 594
e: yvonne.gallacher@zerowastescotland.org.uk

Harriet Brace, PR Officer

t: 01786 237 342
m: 07816 226323
e: harriet.brace@zerowastescotland.org.uk

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