Business customers to benefit from partnership with energy experts

NatWest has joined forces with energy experts Perse and Absolar to offer its business customers services that could help them to understand their energy usage, reduce their costs and take action to cut carbon.

Research by the bank has found that, with the right support, half of the UK’s carbon reduction ambition could be achieved by UK small and medium-sized enterprises, and the majority of SMEs would stand to benefit financially from reducing their carbon emissions. However, in a survey by the bank less than 10% of SMEs surveyed said they see climate action as a source for future growth.

Through the new partnership with Perse, NatWest is supporting businesses with access to free and personalised recommendations on how they can reduce their energy use by optimising energy procurement, making easy tweaks to everyday operations and helping businesses to identify the right low carbon technology for them.

The partnership with Absolar will provide businesses with the tools to find out whether solar energy could be the right move for them. Absolar’s technology captures the solar potential of premises remotely and gives an estimate of the savings a business could make by using solar power.

James Holian, head of business banking at NatWest, said: “As the UK’s biggest bank for business, we know that many business owners want their businesses to be more sustainable, but find it difficult to know where to start. We want to help business owners navigate this complexity and connect them to resources and insights so they can both help tackle climate change and grow their businesses. That’s why we are proud to launch these new partnerships. Through these, we look forward to giving businesses the tools they need, both to save money and to decarbonise their operations.”