SME Climate Hub

The SME Climate Hub 2023 Survey is a comprehensive report based on a survey of 2,800 SMEs from around the world conducted in late 2022. The report delves into the current state of climate action and sustainable business practices in SMEs. According to the survey findings, SMEs are becoming increasingly concerned about climate change and are taking steps to reduce their environmental impact. However, many SMEs continue to face significant challenges in implementing sustainable practices, such as a lack of access to finance and technical expertise. The report also emphasizes the importance of governments and financial institutions in assisting SMEs in making the transition to more sustainable business practices. Overall, the SME Climate Hub 2023 Survey offers useful insights into the challenges and opportunities that SMEs face as they navigate the transition to a more sustainable future.

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The SME Climate Hub 2023 Survey is a comprehensive report based on a survey of 2,800 SMEs from around the world conducted in late 2022. The report delves into the current state of climate action and sustainable business practices in SMEs. According to the survey findings, SMEs are becoming increasingly concerned about climate change and are taking steps to reduce their environmental impact. However, many SMEs continue to face significant challenges in implementing sustainable practices, such as a lack of access to finance and technical expertise. The report also emphasizes the importance of governments and financial institutions in assisting SMEs in making the transition to more sustainable business practices. Overall, the SME Climate Hub 2023 Survey offers useful insights into the challenges and opportunities that SMEs face as they navigate the transition to a more sustainable future.

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"A significant proportion of the world’s businesses are small and medium sized enterprises (SMEs). Globally, micro-enterprises (SMEs with fewer than ten employees) alone account for 70% to 90% of all firms. As such, SMEs play an important role in reducing global emissions and bringing innovative climate solutions to the market. It is crucial that they are equipped with the tools and resources needed to measure their emissions, set greenhouse gas reduction targets grounded in science, take bold actions, report on their progress and ultimately reduce their emissions. This framework provides guidelines for SMEs on doing exactly that. It is open for anyone to use and can be used directly by SMEs to guide their reporting of climate impacts and strategies to multiple stakeholders. It can also be used by SME support organizations (such as consultancies) and data collectors to guide SMEs in climate disclosure."

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