The One Million a Day initiative aims to highlight to businesses how they can save at least £1million through taking effective action on climate change by cutting energy use and as a result lowering carbon emissions.
The Carbon Trust has a £35 million fund available to small and medium sized businesses to support upgrading or replacing existing equipment to more efficient versions by providing unsecured, interest-free loans ranging from £5,000 to £200,000.
The Carbon Trust says most businesses could save up to 20 per cent on energy bills by taking low cost or no cost action on energy efficiency.
Upgrading boilers, installing controls, improving insulation and instigating better maintenance regimes are all measures being promoted by the trust.
Neil Bentley, Director Business Environment at the CBI said: 'The CBI welcomes these measures to reduce energy consumption, which will save money, increase economic efficiency and cut carbon emissions.
'We particularly welcome the increase in interest-free loans to small and medium-sized companies, from £50,000 to £200,000, to upgrade or replace equipment to improve energy efficiency. This increase, combined with making the loans easy to access, will make a real difference.
“Small firms are very important in the quest to cut UK carbon emissions. For example, they account for 45 per cent of the potential to reduce emissions via more energy-efficient buildings, according to the Climate Change Committee.'
To check eligibility and for more information visit www.carbontrust.co.uk/loans or call the free dedicated Carbon Trust Advice Line on 0800 085 2005.