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Manufacturers mustn’t lose their green focus in troubled times

January 13, 2016
by Stephen Kimbell
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Neil Gallant of Neutronic Technologies explains why companies should not stop thinking of the environment even when business is difficult.

When trading conditions worsen, there’s always a worry that businesses will lose sight of their green ideologies as they fight tooth and nail to maintain profitability. The global financial crisis left many manufacturers in the UK and further afield on the brink of collapse, and although the sector’s output has grown in the past few years, turmoil in various international markets means that businesses need to be on their guard.

According to the CBI, a lot of organisations are approaching energy efficiency as a business growth opportunity, and as many as 90% of companies are looking to make energy-efficiency investments, which is obviously highly encouraging, especially at a time when overall investment levels are threatening to slide. As with most things, investment is pivotal, and although it’s apparent that many manufacturers have the best intentions to become green, it’s always a worry that eco-friendly investments will fall by the wayside when productivity and profits dip. We need to make sure this doesn’t happen.

About the Author
Stephen Kimbell is a specialist in business strategy and deal doing. He is an investor, an entrepreneur and an experienced non-executive director. During his many years in the corporate finance world, as a lawyer, a company director and as an academic, Stephen has helped numerous companies achieve success.
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