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Posted:  01 May 2012
Published:  01 May 2012
Format:  PDF
Length:  22  Page(s)
Type:  Essential Guide
Language:  English
ABSTRACT:

 

According to this research from Grant Thornton, the main drivers in the demand for cleantech products are increasingly commercial.

 

Cleantech is emerging as a suitable alternative source of energy or a means of reducing  consumption of expensive resources.

 

Accordingly, over half of the business practitioners surveyed who choose cleantech options do so to reduce their costs (52%); with 45% making the choice as a way to increase profitability.

 

Corporate social responsibility (CSR) requirements and environmental concerns also remain important, but are not the main reason for adoption.



This increasing maturity of the sector is filtering through to expectations of cleantech business for the year ahead creating a bullish outlook for 2012.

R&D and IT is receiving greater focus as companies exploit advances in areas such as storage and smart grid technologies.

 

In addition, the sector is adopting a broader base on which to apply its learning, putting greater focus on areas such as waste and water.”

 

Click on the button below to download the full report

 

 Grant Thornton UK LLP is a leading business and financial adviser with offices in 28 locations nationwide. It is part of Grant Thornton International Ltd, one of the world's leading international organisations of independently owned and managed accounting and consulting firms.






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