Sustainability drives UK small business growth, says Novuna

Posted by author December 9, 2024 Bussiness

The latest publication showcases how companies are integrating eco-friendly practices into their business models. Credit: SuPatMaN / Shutterstock.

Novuna Business Finance has released a report, shedding light on the pivotal role of sustainability in fostering growth for small UK businesses.

The latest report, ‘Sustainability, Innovation, and Growth: Small Business Stories from Three Industry Sectors’, showcases how companies are integrating eco-friendly practices into their business models, driving both innovation and long-term viability.

Now in its fourth iteration, Novuna’s report presents case studies from three distinct sectors, each demonstrating the tangible benefits of prioritising environmental considerations.

Electric Classic Cars, led by founder Richard Morgan, exemplifies innovation by transforming vintage cars into electric vehicles.

In the realm of traditional signwriting, Adrian Geach of Fresh Graphics illustrates that sustainable practices can be harmoniously blended with age-old techniques.

At Celtic Roots Farm, Dean Loury-Jenkins is pushing the boundaries of sustainable agriculture by committing to ethical practices, such as utilising pigs for natural soil management and eschewing chemical fertilisers.

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Novuna Business Finance insight head Jo Morris said: “It is truly inspiring to see the passion and creativity that small business owners bring to their sustainable practices—whether it’s through eco-friendly farming, innovative craftsmanship, or forward-thinking engineering.

“These businesses are leading the way and proving that it is possible to thrive while prioritising the environment, people, and long-term growth. But they cannot do it alone. More support is needed to help these businesses overcome the challenges they face. With the right support, they can continue to lead the way towards a more sustainable future for us all.

“With the right resources, guidance, and backing, small businesses can continue to be the driving force behind innovation and sustainability.”

Novuna Business Finance is engaged in providing business finance to SMEs and bigger corporations in the UK.