Today, the UK and Ireland’s most active growth capital investor BGF announces an innovative collaboration with SaveMoneyCutCarbon, a leading energy, water, and carbon reduction specialist.
SaveMoneyCutCarbon brings all facets of sustainability together under one roof, offering clients a comprehensive range of products and expert services. From guidance and consultancy to project delivery, they streamline the path to sustainability across energy, water, and carbon reduction initiatives.
BGF is one of the largest and most experienced growth capital investors in the UK and Ireland. With 15 offices, it invests across all regions and industry sectors, backing ambitious founders and management teams who are powering the future of the growth economy.
The company is partnering with SaveMoneyCutCarbon to empower portfolio companies in lowering expenses and enhancing their profitability, all while advancing ESG, sustainability, and NetZero objectives.
Through SaveMoneyCutCarbon’s “Sustainability as a Service” Impact Partner program, BGF portfolio companies will receive expert guidance on reducing carbon, energy, and water consumption, fostering greater sustainability across their operations.
Founded in 2012, SaveMoneyCutCarbon has helped its customers to reduce their carbon footprint whilst saving money by using water and energy in more sustainable ways. The company has gone from strength to strength, with over 1000 audit and installation projects completed to date. It has also been recognised with selection as NHS Sustainability Supplier of the Year for its ongoing work with Cambridge University Hospitals’ world-famous Addenbrooke’s Hospital.
BFG’s investment model reflects the growing recognition that businesses are not just driven by profit but must also focus on the impact of their activities on employees, communities and the planet. As a certified UK B Corporation (B Corp), BGF champions sustainable practices both within and beyond its portfolio, and backs businesses that are looking to make a real impact in their markets and sectors across the Environmental, Social and Governance (ESG) spectrum. It supports and champions enhancements in the ESG credentials of portfolio companies by providing access to expertise and sharing knowledge and best practices.
Roshni Bandesh, head of ESG at BGF, said: “ESG is at the heart of our investment process – there is no trade-off between profit and purpose. The collaboration with SaveMoneyCutCarbon adds strength to our operations and we look forward to effecting real change throughout the business and the communities we service.
“Doing the right thing is part of our investment philosophy and an important driver of an enduring reputation and long term value creation. We believe that aligning to good ESG practices is essential in building strong, sustainable businesses. As a long-term, supportive investment partner, this is something that we are deeply committed to supporting.”
Mark Sait, CEO of SaveMoneyCutCarbon, said: “Effective ESG is central to the long-term success of any company and positive moves are needed to abate carbon emissions as a core element of environmental best practice. Action has to follow intention and that’s where we come in with our audits and project delivery skills.
“We are uniquely positioned to help facilitate the retrofit challenge faced by companies and to strengthen their ESG vision by optimising energy and water efficiency to achieve net-zero carbon target.”
About BGF
BGF was set up in 2011 and has invested £4 billion in over 569 companies to date making it the most active investor in the UK. BGF is a minority, non-controlling equity partner with a patient outlook on investments, based on shared long-term goals with the management teams it backs. BGF invests in growing businesses across all regions and sectors in the UK and Ireland through its network of 15 offices. BGF is a certified UK B Corporation (B Corp), reflecting its commitment to creating a positive impact across the growth economy.
See: www.bgf.co.uk
For further information, please contact:
Alex Birch, PR Manager at BGF / alex.birch@bgf.co.uk
About SaveMoneyCutCarbon
SaveMoneyCutCarbon was established in 2012 with a goal to build a new single “go-to” platform for homes and organisations who want to reduce their energy and water consumption, while improving their carbon footprint and sustainability credentials. Based in Bury St Edmunds, it employs and develops local staff while delivering projects across the UK. It provides its growing customer base a one-stop-shop, from learning how savings can be made across each building type to helping deliver on this, from a single online order to delivery of the largest retrofit projects across the UK.
For further information, please contact us at:
mark.sait@savemoneycutcarbon.com
+44 (0) 797 959 4533