East Midlands businesses address the challenges of Climate Change preparation at summit

The region’s businesses joined academics and industry specialists to tackle barriers in achieving Net Zero at the East Midlands Sustainability Summit on 12th September.

Workshops, seminars and presentations unpicked hurdles faced by firms in their journey toward become more sustainable at the event hosted by East Midlands Chamber, in partnership with the University of Derby, where the summit was held.

East Midlands Chamber President Stuart Dawkins opened the summit. He said afterwards: “To see so many businesses, of different types and sizes gathered at this summit was a welcome sight and really underlines just how seriously the East Midlands is taking its approach to sustainability.  I get the feeling no one is under any pretence about the obstacles that can make mitigating against Climate Change daunting.  How does a business prepare?  Are they doing it the right way?

“Today’s summit shared best practice, saw research the Chamber has carried out with the University of Derby and workshops to help break down difficulties and find solutions.  The East Midlands must, as I reiterated today, think hard about what it leaves for Generation Next-But-One – what we do now directly impacts the life they inherit.  Businesses in Derbyshire, Nottinghamshire and Leicestershire really can be on the right side of history and get this right, but how we all get to that destination, when each business is structured differently, is a conversation that must never stop.” 

East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “Getting East Midlands businesses together to overcome the challenges around becoming more sustainable is an important step toward achieving Net Zero, but we should remember that the summit was also an excellent opportunity to focus on the economic growth potential for businesses that get the strategy right.

“Keeping the momentum of the sustainability journey front and centre of all business operation is essential, as putting it on the back burner to just worry about another day isn’t an option.

“We heard from some fantastic speakers today and I extend my thanks to all of them - to our summit sponsors and our partner for this summit, the University of Derby.”

Research carried out by the Chamber and the University of Derby into Green Growth Trends – achieving economic growth without negatively impacting the environment – was shared by the university’s Associate Professor of Strategy and Sustainability Dr Polina Baralova.  Findings included three quarters of large businesses reporting that they pursue Green Growth, while half of small businesses did.

Following the presentation, Dr Polina Baralova said: “My advice to businesses would be to think a little bit about how to grow sustainably, which we refer to as Green Growth. So, if you have a number of products and services that you trade on the market and they are having green credentials - as in they allow the general public, your customers or suppliers to reduce their carbon footprint and support an environmentally friendly agenda.

“At the same time, you also need to start thinking about your decarbonization initiatives and reducing carbon so those two elements go hand to hand. You can't really have one without another.”