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Accountancy firm shares how businesses can navigate the ongoing climate crisis

Accountants at a leading Midlands practice are urging businesses in the region to re-evaluate processes and procedures to help tackle the burgeoning climate crisis.

Kevin Johns, director at Prime Accountants Group, said government legislation on climate change is imminent and businesses in the Midlands need to act now to make changes to stay ahead of the curve.

He said people are key to influencing meaningful change across businesses and by challenging the mindset on sustainability, they can implement small but impactful changes across the board.

Prime, which has offices in Solihull, Coventry and Birmingham, has partnered with long-term customer Carbon Happy to help shake up its internal processes and working patterns to reduce its carbon footprint.

Measures Prime has invested in include all company cars being switched for electric vehicles, and a green incentive where team members are paid an extra £390 a year for not travelling to work by car. This is to encourage walking, cycling, getting the train and car sharing.

Kevin said: “With the presence of more harmful gases than at any time in human history, it’s no surprise that pressure is growing on world governments to implement more environmentally-friendly legislation for businesses.

“The impending legislation will no doubt hit the bigger companies first, but it won’t be long before it travels down the supply chain to the smaller independent businesses. So enforcing change now will only help in the near future.

“Some practical changes may appear more expensive in the short term, but by investing now, businesses will be guaranteeing they remain at the forefront of their customers’ minds when the legislation hits.”

Kevin said the learnings from Carbon Happy has enabled Prime to lay out more practical ways businesses can remain competitive, including investing in modern machinery, greener processes and automation.

He added: “Since the pandemic, many people feel working from home has helped the environment, with fewer car journeys and office buildings remaining closed.

“However, we have learned this isn’t always the case, as often you have groups of people working remotely, which means your heating requirements have doubled. So, in greener terms, heating the office may be cheaper than heating 50 individual homes.

“If you can combine office working with greener modes of transportation for employees like purchasing bikes, businesses will be well on the way to reducing their carbon footprint through just two small steps.

“Locally manufacturing products is another useful avenue to consider. If you are importing foreign products currently, consider if it would be cheaper to bring production into the UK, something which can significantly reduce travel and the possibility of financial fines in the future.”

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Prime Accountants Group is an independent firm of chartered accountants, forensic accountants, business and financial advisors based in offices in Solihull, Coventry and Birmingham. Prime simplifies business for its clients, allowing them to spend more time doing what they do best, and its staff are always available to simplify the complex, cut through the jargon and provide accurate, honest advice to help clients prosper over the long term. The team at Prime work to a core of brand values: Do the right thing; Build relationships; Simplify the complex; Keep the passion; Be an ambassador for Prime; Provide a personable service; Always be approachable; Embrace change. With these values, Prime Accountants Group takes its role within the wider community seriously and has been involved in a number of fundraising and charity projects throughout recent years. Prime recognises that, as a West Midlands business, it has a responsibility to the communities in which it operates. For more information, please visit www.primeaccountants.co.uk or call 0121 711 2468. For more information, please contact Rachel Harris at R&Co Communications on 01926 888308 or by emailing [email protected].

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