Net-zero transition presents 'huge opportunity' for small UK businesses


Alice Haine
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Britain's transition to net zero presents huge opportunities for small businesses in the country, despite many firms grappling with pandemic-induced challenges such as higher energy prices, says Andrew Griffith, the UK climate action business champion.

Shifting to a low-carbon economy is the “transition of our generation”, Mr Griffith told a seminar hosted by British think tank Policy Exchange. He added that he was “very conscious” of all of the headwinds small businesses have faced in recent months — from the Omicron variant of coronavirus to the supply chain crisis.

“Net zero will be disruptive for small businesses, but that makes a great opportunity, because small businesses tend to be some of the most dynamic, and the businesses that can move first when things change,” Mr Griffith said.

“Some of the small businesses today that operate in this low-carbon space or are providing solutions are going to be very large businesses in the future and that’s incredibly important as we try to build a dynamic, science-based, superpower economy that seeks to make the most advantages of the green industrial revolution.”

Mr Griffith said one of the biggest challenges small business owners face is the fact they are “time limited” with a high opportunity cost on the time of founders.

“I would urge small businesses to engage in this. There are an increasing number of places that they can go to get support as the big challenge with small businesses is often finding out what's there,” he added.

“It's easy if you're a big business: you've got a sustainability department, you've got procurement departments, you can you can crunch through this. But it’s much harder for small businesses to know where to start.”

Britain has put itself front and centre of the shift to net zero, with Prime Minister Boris Johnson unveiling a 10-point plan for a greener economy in November 2020 with a pledge to invest £12 billion in the transition away from fossil fuels.

In October last year, weeks before the UK hosted the Cop26 environmental summit in Glasgow, Britain’s Chancellor of the Exchequer Rishi Sunak set out a vision of Britain's future as a global science and tech superpower in his autumn budget, with pledges to boost research and development, incentivise green investments and attract overseas talent.

  • Little Amal, a giant puppet depicting a Syrian refugee girl, visits the Action Zone at the Cop26 summit in Glasgow for the opening of the Gender Day event. PA
    Little Amal, a giant puppet depicting a Syrian refugee girl, visits the Action Zone at the Cop26 summit in Glasgow for the opening of the Gender Day event. PA
  • US House Speaker Nancy Pelosi poses with senators in Glasgow. Reuters
    US House Speaker Nancy Pelosi poses with senators in Glasgow. Reuters
  • People gather at the venue on day 10 of the summit. Reuters
    People gather at the venue on day 10 of the summit. Reuters
  • Astronaut Tim Peake attends 'In conversation: The science behind Cop' during the Science and Innovation Day. PA
    Astronaut Tim Peake attends 'In conversation: The science behind Cop' during the Science and Innovation Day. PA
  • A delegate walks past Cop26 branding at the venue. Reuters
    A delegate walks past Cop26 branding at the venue. Reuters
  • Alexandria Ocasio-Cortez, US representative for New York's 14th congressional district, poses for a picture inside the Blue Zone at Cop26. Getty Images
    Alexandria Ocasio-Cortez, US representative for New York's 14th congressional district, poses for a picture inside the Blue Zone at Cop26. Getty Images
  • A delegate sits on a table that has an installation showing the 'Climate Clock'. AP Photo
    A delegate sits on a table that has an installation showing the 'Climate Clock'. AP Photo
  • A person walks through the venue of the Cop26 summit in Glasgow, Scotland. Reuters
    A person walks through the venue of the Cop26 summit in Glasgow, Scotland. Reuters
  • Sir Patrick Vallance, the British government's chief scientific adviser, shakes hands with astronaut Tim Peake ahead of their appearance at Cop26. PA
    Sir Patrick Vallance, the British government's chief scientific adviser, shakes hands with astronaut Tim Peake ahead of their appearance at Cop26. PA
  • Statues of polar bears wearing life jackets are on display at the summit. Reuters
    Statues of polar bears wearing life jackets are on display at the summit. Reuters

The UK’s commitment to net-zero emissions is also considered the economy’s best chance of levelling up the country, with Mr Johnson saying in November that government and business working in partnership on the challenge will tackle the “woeful imbalance in productivity across the country".

Mr Griffith said while the government’s job is to sketch out the country’s long-term green goals, there comes a point where they must look to the “ferocious problem-solving of business … to bring forward solutions and do the heavy lifting from here to there”, in turn unleashing entrepreneurs into the economy.

However, Martin McTague, national vice chairman of policy and advocacy at the Federation of Small Businesses, said the priority for many small businesses right now is “survival” because of the tough conditions faced during the Covid-19 crisis.

While small businesses in sectors such as non-essential retail, hospitality and entertainment were forced to close their doors during the series of lockdowns Britain has faced, the challenges have not gone away since reopening.

Fresh hurdles include labour shortages, with job vacancies surging to a record 1.25 million in the fourth quarter of last year, as well as supply chain disruption caused by global challenges, such as the lack of semiconductors and the UK’s dependence on international trade.

The country's reliance on natural gas imports for heating and electricity generation, for example, has seen domestic gas prices skyrocket, with higher energy prices pushing inflation up to 5.4 per cent in December — the highest level since 1992.

Energy bills could increase again in October after a predicted 50 per cent jump for millions of households in the spring when the energy regulator Ofgem raises the price cap, Emma Pinchbeck, chief executive of Energy UK, the trade body for suppliers, said in a separate seminar.

Ms Pinchbeck said bills were expected to rise not only in April but again in October “if nothing changes”, as the spike in wholesale gas prices fed through to domestic bills.

“We haven’t seen anything like this, not in my career or in any of the people who sit on my board,” she said.

Although wholesale prices were expected to drop, “they are still three times higher than we expect to see at this time of the year” and described the situation as “enduring”.

Mr McTague said the situation was “a major concern” for the climate change drive “because some businesses have come through the pandemic in a pretty weak state and are now facing a big hike in energy prices".

“That then pushes down any attempts to lower their carbon footprint down the agenda,” he added.

However, Mr McTague said there is major enthusiasm among small business owners about the transition, with plenty of goodwill and a desire “to do their bit”.

“The problem is that most of them just say, well, I need more information. I'm not really sure what I do next,” he added.

The lack of information and clarity is creating missed opportunities for the government, Mr McTague said, pointing to the government’s push to get households to adopt heat pumps to replace gas boilers.

The plan, first unveiled in October, included the government offering grants of £5,000 to British households to replace their gas boilers with low-carbon heat pumps in an effort to cut emissions from homes and comply with a UK goal for all new heating systems to be low carbon by 2035.

“If you look at something like heat pumps, it's pretty clear that although the ambitions are very big, 600,000 heat pumps a year, there is a bit of a market failure going on at the moment,” said Mr McTague.

“Unless you lower the risk for entry for a lot of SMEs, that market is going to stall at its current level.”

Small business owners that want to invest in electric vehicles are also struggling with the implications of doing so and how it might affect their tax position if they replenish staff who use EVs for their business needs.

Instead, Mr McTague said companies need clarity on how to transition their businesses.

“A lot of people are looking to the government to say, 'Can you clear this thicket of problems out the way so that my decisions are a lot simpler?' Then when it comes to the big hikes in energy prices, that just makes one more obstacle on the way.”

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%3Cp%3EGoogle%20wasn't%20new%20to%20busting%20out%20April%20Fool's%20jokes%3A%20before%20the%20Gmail%20%22prank%22%2C%20it%20tricked%20users%20with%20%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Fmentalplex%2F%22%20target%3D%22_blank%22%3Emind-reading%20MentalPlex%20responses%3C%2Fa%3E%20and%20said%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Fpigeonrank%2F%22%20target%3D%22_blank%22%3E%20well-fed%20pigeons%20were%20running%20its%20search%20engine%20operations%3C%2Fa%3E%20.%3C%2Fp%3E%0A%3Cp%3EIn%20subsequent%20years%2C%20they%20announced%20home%20internet%20services%20through%20your%20toilet%20with%20its%20%22%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Ftisp%2Finstall.html%22%20target%3D%22_blank%22%3Epatented%20GFlush%20system%3C%2Fa%3E%22%2C%20made%20us%20believe%20the%20Moon's%20surface%20was%20made%20of%20cheese%20and%20unveiled%20a%20dating%20service%20in%20which%20they%20called%20founders%20Sergey%20Brin%20and%20Larry%20Page%20%22%3Ca%20href%3D%22https%3A%2F%2Farchive.google%2Fromance%2Fpress.html%22%20target%3D%22_blank%22%3EStanford%20PhD%20wannabes%3C%2Fa%3E%20%22.%3C%2Fp%3E%0A%3Cp%3EBut%20Gmail%20was%20all%20too%20real%2C%20purportedly%20inspired%20by%20one%20%E2%80%93%20a%20single%20%E2%80%93%20Google%20user%20complaining%20about%20the%20%22poor%20quality%20of%20existing%20email%20services%22%20and%20born%20%22%3Ca%20href%3D%22https%3A%2F%2Fgooglepress.blogspot.com%2F2004%2F04%2Fgoogle-gets-message-launches-gmail.html%22%20target%3D%22_blank%22%3Emillions%20of%20M%26amp%3BMs%20later%3C%2Fa%3E%22.%3C%2Fp%3E%0A
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Creator: Jenna Lamia

Rating: 3/5

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3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

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2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

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1. Fasting

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3. Hajj

4. Shahada

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About Takalam

Date started: early 2020

Founders: Khawla Hammad and Inas Abu Shashieh

Based: Abu Dhabi

Sector: HealthTech and wellness

Number of staff: 4

Funding to date: Bootstrapped

Forced%20Deportations
%3Cp%3EWhile%20the%20Lebanese%20government%20has%20deported%20a%20number%20of%20refugees%20back%20to%20Syria%20since%202011%2C%20the%20latest%20round%20is%20the%20first%20en-mass%20campaign%20of%20its%20kind%2C%20say%20the%20Access%20Center%20for%20Human%20Rights%2C%20a%20non-governmental%20organization%20which%20monitors%20the%20conditions%20of%20Syrian%20refugees%20in%20Lebanon.%3C%2Fp%3E%0A%3Cp%3E%E2%80%9CIn%20the%20past%2C%20the%20Lebanese%20General%20Security%20was%20responsible%20for%20the%20forced%20deportation%20operations%20of%20refugees%2C%20after%20forcing%20them%20to%20sign%20papers%20stating%20that%20they%20wished%20to%20return%20to%20Syria%20of%20their%20own%20free%20will.%20Now%2C%20the%20Lebanese%20army%2C%20specifically%20military%20intelligence%2C%20is%20responsible%20for%20the%20security%20operation%2C%E2%80%9D%20said%20Mohammad%20Hasan%2C%20head%20of%20ACHR.%3Cbr%3EIn%20just%20the%20first%20four%20months%20of%202023%20the%20number%20of%20forced%20deportations%20is%20nearly%20double%20that%20of%20the%20entirety%20of%202022.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3ESince%20the%20beginning%20of%202023%2C%20ACHR%20has%20reported%20407%20forced%20deportations%20%E2%80%93%20200%20of%20which%20occurred%20in%20April%20alone.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EIn%20comparison%2C%20just%20154%20people%20were%20forcfully%20deported%20in%202022.%3C%2Fp%3E%0A
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%3Cp%3EInstances%20of%20violence%20against%20Syrian%20refugees%20are%20not%20uncommon.%3C%2Fp%3E%0A%3Cp%3EJust%20last%20month%2C%20security%20camera%20footage%20of%20men%20violently%20attacking%20and%20stabbing%20an%20employee%20at%20a%20mini-market%20went%20viral.%20The%20store%E2%80%99s%20employees%20had%20engaged%20in%20a%20verbal%20altercation%20with%20the%20men%20who%20had%20come%20to%20enforce%20an%20order%20to%20shutter%20shops%2C%20following%20the%20announcement%20of%20a%20municipal%20curfew%20for%20Syrian%20refugees.%3Cbr%3E%E2%80%9CThey%20thought%20they%20were%20Syrian%2C%E2%80%9D%20said%20the%20mayor%20of%20the%20Nahr%20el%20Bared%20municipality%2C%20Charbel%20Bou%20Raad%2C%20of%20the%20attackers.%3Cbr%3EIt%20later%20emerged%20the%20beaten%20employees%20were%20Lebanese.%20But%20the%20video%20was%20an%20exemplary%20instance%20of%20violence%20at%20a%20time%20when%20anti-Syrian%20rhetoric%20is%20particularly%20heated%20as%20Lebanese%20politicians%20call%20for%20the%20return%20of%20Syrian%20refugees%20to%20Syria.%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
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Group A: Egypt, DR Congo, Uganda, Zimbabwe

Group B: Nigeria, Guinea, Madagascar, Burundi

Group C: Senegal, Algeria, Kenya, Tanzania

Group D: Morocco, Ivory Coast, South Africa, Namibia

Group E: Tunisia, Mali, Mauritania, Angola

Group F: Cameroon, Ghana, Benin, Guinea-Bissau

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
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The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

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Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

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Engine: 3.5-litre supercharged V6

Power: 416hp at 7,000rpm

Torque: 410Nm at 3,500rpm

Transmission: 6-speed manual

Fuel consumption: 10.2 l/100km

Price: Dh375,000 

On sale: now 

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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Gina%20Prince-Bythewood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Viola%20Davis%2C%20Thuso%20Mbedu%2C%20Sheila%20Atim%2C%20Lashana%20Lynch%2C%20John%20Boyega%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Common OCD symptoms and how they manifest

Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.

Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.

Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.

Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.

Hoarding: the intrusive thought is the overvaluing of objects or possessions, while the compulsion is stashing or hoarding these items and refusing to let them go. For example, “this newspaper may come in useful one day”, therefore, the compulsion is hoarding newspapers instead of discarding them the next day.

Source: Dr Robert Chandler, clinical psychologist at Lighthouse Arabia

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Weather warnings show that Storm Eunice is soon to make landfall. The videographer and I are scrambling to return to the other side of the Channel before it does. As we race to the port of Calais, I see miles of wire fencing topped with barbed wire all around it, a silent ‘Keep Out’ sign for those who, unlike us, aren’t lucky enough to have the right to move freely and safely across borders.

We set sail on a giant ferry whose length dwarfs the dinghies migrants use by nearly a 100 times. Despite the windy rain lashing at the portholes, we arrive safely in Dover; grateful but acutely aware of the miserable conditions the people we’ve left behind are in and of the privilege of choice. 

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Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

Updated: January 21, 2022, 7:50 AM