Business | 24 May 2023

How your business can be part of the clean energy transition

Watch a masterclass video for tips and insights on how your business can embrace cleaner energy for better future outcomes.

The climate crisis can seem overwhelming but there is a need to act now. The NatWest Group, of which Coutts is a part, recently hosted a ‘FutureFit’ event, bringing together business pioneers to share how they’re future-proofing their operations.

Greg Jackson, the founder and CEO of Octopus Energy and Laura Sandys CBE, chair of the Government’s Energy Digitalisation Taskforce, spoke passionately about transforming the UK energy sector to meet carbon reduction targets and helping businesses meet their clean growth ambitions.

FutureFit Masterclass VIDEO

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Here are some key takeaways on on a more renewable-focused approach.

1. If it's your property, it's your asset 

Put yourself in the energy driving seat. Many assets in your business could be optimised to make energy savings, drive efficiency, maximise revenues, bring down costs, and deliver greater decarbonisation.

2. Energy volatility has been a pressing challenge

Rising energy costs amid a period of economic uncertainty and tight margins means cleaner energy solutions have been on the radar of business leaders. Our panel believe an entirely different energy system based on renewables could revolutionise business, similar to the industrial revolution. Are you ready for change?

3. The switch to renewables could be a business opportunity

Change often requires upfront costs and investment. Although this makes it a finance issue, decarbonisation is also a leadership consideration. There could be opportunity from the demand for new services and suppliers. Is your business ready to step in and offer solutions?

4. Businesses can drive the switch to renewables faster and harder for their own benefit

It can bring costs down and investing in options such as solar panels or electric vehicles can be right for the planet and drive positive change. Businesses can put themselves in the driving seat.

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of the NatWest Group Economics Department, as of this date and are subject to change without notice.


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