A bespoke Scottish housing developer has unveiled a sustainable apartment block in Glasgow as it strengthens its green credentials. McKernan Homes, based in Cumbernauld, says it has a strong track record of developing sustainable, luxury housing and has been trading in Scotland since 1999, and hailed the move after securing a £1.93 million funding package from Bank of Scotland. To support its latest development in Dennistoun, East Glasgow, the business received the funding package via Bank of Scotland’s Clean Growth Finance Initiative (CGFI) which provides discounted lending to help firms invest in sustainable projects. It will be used to introduce sustainable measures throughout each of the 24 two-bedroom flats, including solar panels on the roof, weather compensators on the boilers, electric charging points in the car park, and increased levels of insulation to efficiently retain heat.
Steve Harris Steve Harris, regional director for the North East at Lloyds Bank, discusses how the region’s firms plan to ‘build back greener’ and the tools available to help those looking to invest in new sustainability initiatives. IN the past few months while firms have been navigating the challenges of Covid-19, sustainability has been firmly on the agenda. We’ve seen large firms like Port of Tyne announce it’d cut carbon emissions by 700 tonnes and the launch of the government-backed Energy Entrepreneurs Fund initiative. This £11 million fund encourages firms in the green energy sector to turn their ideas into real products that will reduce carbon emissions.
More than half of small or medium businesses in the East are still focussed on becoming more environmentally sustainable despite the Covid-19 pandemic.
Published:
1:15 AM January 3, 2021
East of England businesses remain focussed on becoming more environmentally sustainable despite the Covid-19 pandemic, according to a new survey.
- Credit: Getty Images/iStockphoto
More than half of small or medium businesses in the East are still focussed on becoming more environmentally sustainable despite the Covid-19 pandemic, according to a new survey.
The Lloyds Bank Commercial Banking’s Business Barometer found that becoming more environmentally sustainable was important to 53pc of firms – just one point fewer than the proportion which said the same in 2019.
Of the small or medium enterprises (SMEs) surveyed, 54pc said they had still actively worked to become greener in 2020 despite challenges and disruption caused by the pandemic.