Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

General Scheme of the Industrial Development (Miscellaneous Provisions) Bill 2025: Discussion

2:00 am

Ms Breda O'Sullivan:

I thank the Senator for the question and am sorry for her loss. In relation to the number of clients, over the last strategy we looked at getting 60 sustainability investments overall and we are looking for an uplift on that in this strategy. We are looking, in total, for 1,000 investments from client companies. How many of them, specifically, will fall into the energy efficiency or consultancy categories we cannot say at the moment but what we can say is that there is a good appetite for those kinds of projects. They usually tie in with other areas. When we are talking to companies, we probably talk about their entire transformation journey. We look at how we can make them as productive and competitive as they can be in Ireland and it is one of the key ways in which we try to keep companies in Ireland for the long term. They might look at things like doing research and development, training, energy efficiency, digitalisation and so on and different companies will be on different parts of that journey. I could not give the Senator specifics on the numbers right now because things might shift from other projects that companies are doing. I do not have an exact number for the Senator.

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