Friday, September 29, 2023
10:00am – 11:00am
Businesses have faced unprecedented challenges in 2023 and continue to grapple with the impact of persistent economic shocks, that have already proven to be significant barriers to growth.
Research conducted by the Greater Birmingham Chambers of Commerce highlight the significant pressures that businesses currently face. According to the Greater Birmingham Chambers of Commerce Quarterly Business Report for Q1 of 2023, half of the businesses surveyed across both Manufacturing and Services are expecting to raise their prices in Q2 of 2023. The main reasons cited by businesses for raising prices were labour costs (25%) cost of utilities (23%) and fuel costs (14%).
Indeed, energy efficiency remains a difficult topic for business leaders across the region. As a result, understanding the benefits of energy efficiency measures is vital. As highlighted by the International Energy Agency in their Energy Efficiency 2022 Report, stronger energy efficiency is the best policy to bring down bills.
Join this webinar to understand why energy bills have been persistently high and how businesses are incorporating energy efficiency measures, in response to rising energy bills.
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The BABCPHL recognizes our Club Level Members:
