National Manufacturing Barometer - January 2023 (Q3 22/23)

January's survey was open for responses from Monday 9th - Friday 20th January 2023.
The data has now been analysed, and we are pleased to share the findings below...

Special Focus: Net Zero Manufacturing
This quarter, we explore whether or not reaching 'net zero' carbon emissions is a priority for SME firms, and how the transition to net zero may affect the UK manufacturing sector.

What does this quarter's report reveal?

 Although 42% see net zero as a positive for their firm, only 29% say it is a current priority:

Image showing the percentage of SME manufacturers who view net zero as positive for 1: UK manufacturing, 2: Their business, and the percentage who say that net zero is a current priority for their firm.
 

 37% have already pledged to achieve net zero, with almost three quarters of these businesses planning to reach this milestone by 2040:

Image showing the percentage of respondents who have pledged to hit net zero by 2030, 2040, or 2050

 

 Around half of responding businesses see net zero as a way to attract potential customers:

Image showing the percentage of SME manufacturers who think that improving their net zero credentials will help them win workImage showing the percentage of SME manufacturers who think that improving their net zero credentials will help them win work 1: throughout the UK, 2: throughout Europe, 3: Worldwide


Read the full report here... National Manufacturing Barometer Report - January 2023.pdf


Many respondents see net zero as a positive, both for UK manufacturing and their own firm, but there are a number of barriers preventing their progression. With everything else that business leaders are currently juggling, many don't have the resource or capacity to prioritise net zero above other business issues. 

‘Make it Net Zero’ from SWMAS can help…
From simple carbon (and cost) savings that can be implemented immediately, to developing and executing a long-term net zero strategy, SWMAS can support businesses at every step, leaving their internal teams free to concentrate on other aspects of the business.

Click the button below to learn more:

Click here to express your interest - link to leave details

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