The huge increase in our world's energy prices has been highly damaging for our business community and has had a disproportionately high impact on SMEs.
The OBR (Office for Budget Responsibility) expects energy prices to remain at 2.5 times their historic level for at least the next two years. There is little prospect of relief, even in the medium term. So it is important that businesses take action to mitigate the impact of their higher cost base.
This article from ICAEW's website provides interesting ideas as to how this can be done.
ESG for SMEs: how to mitigate energy costs | ICAEW