UK firms are increasingly concerned about the cost of implementing environmental programmes, according to a survey released yesterday by environmental consultancy Entec UK and the Green Alliance, a green lobby group. According to the third annual survey undertaken by the two organisations, the proportion of large UK companies citing costs as a limiting factor when implementing environmental programmes rose from 58% in 1997 to 73% this year. The groups attribute the increase to a lack of awareness of business benefits of environmental action and by a lack of agreement on how to measure them. The study reports a "greater business awareness of the importance of environmental issues," with only 4% of companies saying their activities have no effect on the environment, compared with 8% in 1997. The study shows an increasing openness towards green taxes, with nine measures seen as having a positive effect on the environment, as opposed to two last year. Most respondents agreed that a proportion of revenues raised should be earmarked for environmental investment, or used to help industry adapt to new taxes. Enthusiasm for issuing annual environmental reports appears to be waning: 54% of respondents said they published regular environmental reports, down from 61% in 1997.
Entec UK, tel: +44 171 278 8338; Green Alliance, tel: +44 171 836 0341.
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