Businesses Cutting Back on Car Travel
More than half of smaller firms have cut down on car travel and taken other "green" measures because of concern for the environment, according to a new report.
A survey of 300 small to medium-sized companies showed that almost a third were trying to cut down on face to face meetings, while a quarter took the train wherever possible.
Recently-launched firms were most likely to be following environmentally-friendly policies such as car share schemes or cycle to work initiatives, said the report by Bibby Financial Services. Businesses in the West Midlands and the North took the most action to help the environment, especially among finance firms.
David Robertson, chief executive of Bibby Financial Services, said: "Corporate and social responsibility has without a doubt moved up nearly every business's agenda over the past few years and it is clear from our research that owners and managers are taking action by reducing the amount of time spent on the road. "With nearly three-quarters feeling the effects of rising fuel prices, it is just as well so many have been acting on their concern for the environment as this must have helped to reduce costs."
Article Date: 04 August 2008
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