1. Trade Hub Knowledge Base
  2. Climate, environmental, social and governance

What is green technology?

Green technology is a term that describes the use of technology and science to protect the world’s natural resources and mitigate the environmental impacts of human activity.

Green technology, or green tech, is a term that describes the use of technology and science to protect the world’s natural resources and mitigate the environmental impacts of human activity.

Examples of green technology in widespread use now include solar panels and wind turbines, electric transport, programmable thermostats and LED lighting. The use of green tech like these can be a stated goal of a small business and should be included in an  ESG (Environment, Social and Governance) strategy.

Many companies are innovating to build green technology, and the market is growing for green tech products all the time. Even if developing and producing green tech isn’t your business, you can benefit from adopting and using these modern green technologies. Companies using green tech will attract customers and investors with a more sustainable business model, reduce costs with lower energy consumption and reduced water intake and even potentially earn subsidies and government support.

Further information

GOV.UK section about low carbon technologies.

The Irish government's Climate Action Plan 2021 provides a detailed plan for taking action to achieve a reduction in greenhouse gas emissions and get on a path to net-zero emissions.

 

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Article reviewed: May 2023