After the transformation caused by information technologies in both developed and developing world economies, the “green economy” is the current trend. Companies have started to put environmentally friendly and energy efficient products on the market according to the preferences of customers while investing in alternative energy sources to help control their energy costs and structures. This big change has gained momentum with large and multinational companies but is also spreading towards a wider base, in other words to small and medium size enterprises (SME’s) who are the backbones of economies.

The main reason for this expansion is the demand of large corporations under pressure of increasing awareness in environmental issues and regulations, forcing partner SME’s to be more sensitive on environmental issues in their production processes. For small companies who want to have good relationships with their client companies and gain new customers, the transition to green economy will not be a preference but necessity in the near future.

Small and Medium Sized Enterprises (SMEs) are the foundation of most economies. In Turkey more than 99 % of companies are SMEs and they provide more than 70 % of total employment.

Although SMEs have some disadvantages like limited financial resources, limited sources for R&D, incapability to employ qualified experts on related fields, they won’t be able to resist to the transition to green economy in the upcoming years.

Banks who are aware of the financial incapability’s of SMEs, have started to develop innovative and accessible solutions specific to SMEs in the fields of energy efficiency and renewable energy.

If you want to learn your carbon footprint you can use our calculators. For more information about how to reduce your carbon footprint please contact us.