SMEs: Net-zero Targets Debate
Full Debate: Read Full DebateLord St John of Bletso
Main Page: Lord St John of Bletso (Crossbench - Excepted Hereditary)Department Debates - View all Lord St John of Bletso's debates with the Department for Energy Security & Net Zero
(1 year, 5 months ago)
Lords ChamberThe noble Lord makes an important point. We are aware of this issue. We are increasing the reporting requirements for bigger companies. We must be careful to make sure that we do not put too many undue burdens on business but I will certainly have a look at the issue for the noble Lord.
My Lords, does the Minister agree that there is no clear consensus as to what net zero entails for SMEs? With them accounting for 99% of all businesses in the United Kingdom, what are the Government doing to standardise pathways to net zero among these businesses?
Of course it will vary depending on the type of business. Many businesses are already working in green areas. A lot of them are involved in retrofitting. On the other hand, some of them are very energy intensive. There are different solutions for different businesses.