Green policies 'confusing and expensive'

New research has found that small businesses in the UK are stalling on green policies, despite the commercial advantages.

Lloyds TSB Commercial has found that only 38 per cent of the small and medium-sized businesses polled had evaluated their carbon impact.

Despite this, almost half believed that having more green policies in the workplace would boost their professional standing.

Businesses cited finances and confusion over existing environmental legislation as the main factors holding them back from implementing eco measures.

Around a quarter thought there was conflicting regulation and just under a third (30 per cent) said becoming greener is too expensive.

Contrarily, many of the businesses that had become more environmentally friendly had done so in order to make cost-savings.

John Maltby, managing director of Lloyds TSB Commercial, commented: "Coming out of the recession many firms do seem focused on the costs savings to be gained from environmental improvements, but many are being held back because they fear the cost of taking action."

Posted by Christopher Evans

Published on: October 11, 2010

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