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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 17 June 2025
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Displaying 1696 contributions

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Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Claire Baker

I thank all the panellists for spending time with the committee for what was a very interesting discussion. We will now have a short suspension, while we change over the witnesses.

11:21 Meeting suspended.  

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Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Claire Baker

We are joined by our second panel of witnesses, who will speak from the investment perspective. I thank panellists for joining us. I welcome Simon Crichton, who is head of relationship management at Triodos Bank UK; David Ovens, who is the joint managing director of Archangel Investors; and Fraser Sime, who is the regional director for SMEs and mid corporate at the Bank of Scotland.

We are holding this evidence session because we are weeks away from the start of the 26th United Nations climate change conference of the parties—COP26. We are interested in hearing witnesses’ expectations of COP26, as well as their responses to our evidence session this morning with SMEs.

I noticed that Triodos is a member of the bankers for net zero initiative, which has identified some issues for SMEs around misaligned or weak incentives and inadequate information in supporting businesses that are moving to net zero. Let us start in that area and talk about the support that is available. Simon Crichton, would you like to respond?

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Claire Baker

I turn to Michael Cusack from ACS Clothing. You are in quite a different situation, because you are a new business that has been created to try to meet some of the challenges of fast fashion in the textile industry. Do you want to say a bit about how easy—or difficult—it was to establish your business, and what support and incentives were available to you?

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Claire Baker

That is helpful. Thank you, Mr Cusack.

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Claire Baker

Thank you. I am sorry—I did not mean to interrupt. Please continue, Mr Crichton.

Economy and Fair Work Committee

Transition to Net Zero (Financial Support)

Meeting date: 6 October 2021

Claire Baker

We are pressed for time, but I invite Colin Smyth to ask a brief question, followed by Jamie Halcro Johnston.

Economy and Fair Work Committee

Decision on Taking Business in Private

Meeting date: 29 September 2021

Claire Baker

Good morning and welcome to the sixth meeting in 2021 of the Economy and Fair Work Committee. Our first item of business is a decision on whether to take in private items 4, 5 and 6. Are members content to take those items in private?

Members indicated agreement.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 29 September 2021

Claire Baker

Our main item of business is an evidence session with the Cabinet Secretary for Finance and the Economy on support for economic recovery. It was the cabinet secretary’s intention to appear in person but I understand that that has not been possible.

I thank the cabinet secretary and her officials for joining us. Welcome, cabinet secretary. I also welcome from the Scottish Government Colin Cook, director of economic development; Gary Gillespie, chief economist; and Helena Gray, interim director of fair work, employability and skills.

The purpose of this evidence session is to consider policies and actions to promote economic recovery. The evidence will also inform the committee’s input to the Scottish Government’s budget for 2022-23.

I invite Colin Beattie to make a declaration of interests.

Economy and Fair Work Committee

Economic Recovery

Meeting date: 29 September 2021

Claire Baker

Thank you, cabinet secretary. I have a few questions about the 10-year strategy. You say that it is expected in autumn. Are there any more details that you can share with the committee about when it is likely to be published?

We have received some correspondence about the consultation. We received a letter from the transform our economy group, which held a conference recently. I understand that there was a four-week consultation during the summer, but there is a feeling that there has not been enough engagement with the strategy. Once the strategy is produced, are there any further opportunities for engagement, or will it be presented as a done deal and as a strategy that people cannot comment on further?

Economy and Fair Work Committee

Economic Recovery

Meeting date: 29 September 2021

Claire Baker

You have described engagement and the consultation, but how are any tensions that come out of that being resolved? Is that for the Government to decide?

I mentioned that we had a paper from the transform our economy group, which had summit recently. That group has views on how a transition to net zero should take place, but I imagine that there are different positions on that among businesses. Is it the Government’s role to reach a consensus on the various positions that are coming forward? How is that done?