Turn the lights back on with tax reliefs

Turn the lights back on with tax reliefs It's not surprising that amid all the fears of energy inflation, driven in part by the government's introduction of the carbon price floor last April, 60% of UK businesses are looking hard at ways to improve their energy efficiency this year. And 88% say they are worried about the security of their energy supply. These statistics appear in a recent report from the Major Energy Users’ Council (Powercut Britain: Are The Lights About To Go Out For UK Business? October 2013). The report focuses more on cost savings than on improving environmental sustainability, but the two are of course linked. Of all [...]

By |May 22nd, 2014|Categories: Asset Finance, Sustainability|Comments Off on Turn the lights back on with tax reliefs

How a salary sacrifice scheme can make your grey fleet leaner and greener

Grey fleet concerns? The company car has been an integral business component for decades, but these days businesses are facing a number of issues have raised questions over its traditional role. To start with, many organisations are realising that in the age of the information superhighway, there is a reduced the need to travel up and down the UK’s highways and byways. Furthermore the cost of administering company cars has made many companies less eager to offer this ‘perk’ of the job; while employees are increasingly reluctant to take up the offer because of the, potentially high, Benefit-in-Kind (BIK) tax. For employees who only require the occasional business trip, there [...]

By |January 2nd, 2014|Categories: Cars, Contract hire, Salary Sacrifice, Sustainability, Vehicle Finance|Comments Off on How a salary sacrifice scheme can make your grey fleet leaner and greener

Could going green save your fleet?

Green fleet management In a recent survey of 600 fleet managers, nearly half attached more importance to cost than sustainability issues when making decisions about their business vehicles. It’s not surprising that budgets are paid more mind; fuel prices are peaking at record highs (the UK is the tenth most expensive place in Europe to buy petrol and the third most expensive place to fill up with diesel). The RAC estimates the cost of motoring has increased by 14% in the last two years and car tax, insurance, parts and labour are all at a premium. Ironically, green fleet management could be the solution. No longer just a way to [...]

By |August 3rd, 2013|Categories: Asset Finance, Cars, Sustainability|Comments Off on Could going green save your fleet?

The costs of renewables

The costs of renewables While it is all very well to profess that your love of the environment is your reason for moving to renewable forms of energy, the actual cost-effectiveness of such a move is of utmost importance to any business. While it may improve your image, that is little compensation if it doesn't also improve your profit margin. Thankfully, when it comes to renewable energy, the benefits extend far beyond the improvement in air quality. Of course, this all hinges on getting the right type of financing which is flexible enough to allow you to create this profit. There are a number of reasons why using renewable forms [...]

By |May 30th, 2013|Categories: Asset Finance, Sustainability|Comments Off on The costs of renewables

Green issues electrifying contract hire and leasing market

Green issues electrifying contract hire and leasing market The lingering shadow of recession may have led to cuts in jobs, budgets and spending but it has done little to slow down the march of corporate social responsibility (CSR). According to research by analysts PricewaterhouseCoopers, a massive 81% of European companies now produce CSR reports, up 15% since 2009. With green issues high on the agenda across the board, eco-consciousness is also electrifying the contract hire and leasing market. While fleet managers increasingly talk about the importance of conserving fuel, lower carbon footprints and smaller emissions, some manufacturers are already going a step further. BMW have announced that when it’s all [...]

By |May 14th, 2013|Categories: Cars, Contract hire, Sustainability|Comments Off on Green issues electrifying contract hire and leasing market

Green Investment Bank

Financing environmentally sustainable projects 2012 was the second most successful year in history when it came to worldwide green investment projects and the policies of UK governments and those worldwide are likely to see future years improving at a similar rate. According to figures from Bloomberg New Energy Finance, a total of $268bn was invested during the year on projects ranging from off-shore wind turbines to biofuels and anaerobic digesters. Getting in on this ever expanding investment opportunity should be high on every investor's priority list. The market can only improve and with the UK government vowing to reduce carbon emissions significantly by 2020, now may be the best time [...]

By |April 9th, 2013|Categories: Sustainability|0 Comments