Oireachtas Joint and Select Committees

Wednesday, 27 September 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

SME Energy and Carbon Demands, Green Initiatives and Technology: Discussion

Ms Alexa Toomey:

It is since 2016. That is the Enterprise Ireland portion of it. In addition, the green transition fund launched last year. A specific part of that is for capital investment and we provided €5.8 million in funding to six companies under that scheme. Those companies have made a commitment to remove more than 12,000 tonnes of carbon from their businesses. We are engaging in terms of capital supports through environmental aid with our enterprise base and we will continue to do that over the coming years. We are seeing an acceleration in the level of inquiries and interest by companies about using those funds. We will continue to deploy them.

The climate toolkit for business has been developed by the Department of Enterprise, Trade and Employment. It is a useful toolkit to which we direct all our clients, especially those SME clients which may not have a full understanding of how urgent this is and that this is on their doorstep. It is a useful tool that shows scope 1, 2 and 3 emissions for companies that have the data to input in the toolkit. It is a very useful starting place.