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

Mr. Leo Clancy:

We have lower numbers, both percentage-wise and absolute. Since 2022, 171 companies have availed of our decarbonisation and green supports. There were 201 approvals within that, so some companies have come back, having done a start and then a plus and moved on. It is important to say that a lot of our client base has sustainability plans already. We know from our annual survey in 2022 that 34% of companies already had sustainability plans. I think they would be further along than the microenterprises, in many cases. From the start of 2022 to the end of August 2023, we committed €7 million under this heading.

That money is against the overall climate planning fund for business of €55 million, which runs out to 2025.

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