Chris Wiles CertPRP’s Post

Someone suggested in a workshop last week they didn’t think SMEs played a significant role in their company’s ESG strategy. We beg to differ. To become sustainable, you must first put your arms around your SMEs. SMEs account for a significant portion of businesses worldwide and are pivotal in sustaining the global economy. Small and Medium Enterprises (SMEs) are often referred to as the backbone of the economy. 📣 This is especially true in the context of supply chains. ⚠️ Yet despite their importance, SMEs face unique challenges that can hinder their performance and sustainability in the supply chain. These include limited access to financial resources, lack of negotiation power, and limited ability to adopt new technologies. ⚠️ Many SMEs struggle to get visibility into the workings of larger players in supply chain and often bear the brunt of demand fluctuations and supply disruptions. ⚠️ Additionally, an overwhelming degree of Scope 3 footprint occurs deep into the supply chain where it’s known SMEs run fewer recognised operational standards. ⚠️ When faced with increasing measures to tackle climate change, many describe burgeoning struggles to make ends meet, leaving them to ask, “what’s in it for me?” Here’s further reading 🔗 https://lnkd.in/eBheJMdW #Suppeco #Sustainability #sme #CSR #ESG #climatechange #scope3

Unlocking Growth and Innovation: How SMEs Can Thrive by Embracing the ESG Revolution. In today's dynamic business landscape, Small and Medium-sized Enterprises #SME are increasingly recognising the imperative to integrate Environmental, Social, and Governance #ESG considerations into their core strategies. By focusing on the 'Jobs to be Done' (JTBD) framework, SMEs can identify and fulfill the essential tasks to achieve both compliance and competitive advantage. This article by ESG&I. delves into the drivers, benefits, and outcomes of embarking on an ESG journey, outlining a clear pathway for SMEs to enhance their sustainability, social impact, and governance practices. https://lnkd.in/gpenWBbM #ESG #SME #business #growth #Innovation #impact

Unlocking Growth and Innovation: How SMEs Can Thrive by Embracing the ESG Revolution. In today's dynamic business landscape, Small and Medium-sized Enterprises #SME are increasingly recognising the imperative to integrate Environmental, Social, and Governance #ESG considerations into their core strategies. By focusing on the 'Jobs to be Done' (JTBD) framework, SMEs can identify and fulfill the essential tasks to achieve both compliance and competitive advantage. This article delves into the drivers, benefits, and outcomes of embarking on an ESG journey, outlining a clear pathway for SMEs to enhance their sustainability, social impact, and governance practices. https://lnkd.in/gpenWBbM #ESG #SME #business #growth #Innovation #impact ESG&I.

Honourable Minister of Energy and Business Development, Lisa Cummins, discusses the importance of #SMEs in driving global economic growth. SMEs are essential to meeting our #SustainableDevelopmentGoals. Their innovation and resilience drives progress and creates a lasting impact on larger economic and social trends. Launched in May, SPARK is our newly formed global community designed for small and medium-sized enterprises (SMEs) participating in the UN Global Compact. SPARK members can join live workshops and on-demand courses on adopting net-zero practices, securing access to finance, mainstreaming inclusion into their business practices, and fulfilling sustainability reporting requirements aligned with emerging regulations. Learn more: https://lnkd.in/gKrbpf58

Why SMEs Excel in Sustainability and Agility Discover how small and medium enterprises (SMEs) like Innocent Drinks leverage flexibility to implement innovative ESG strategies swiftly. This video highlights the advantages SMEs have over larger corporations in adapting to market changes and attracting sustainability-focused investors. #SMEs #Sustainability #Agility #ESG #InnocentDrinks #Innovation #SmallBusiness #CorporateResponsibility #Adaptability #EcoFriendly

𝗦𝗺𝗮𝗹𝗹 𝐛𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀, 𝐛𝗶𝗴 𝐜𝗵𝗮𝗻𝗴𝗲𝘀: 𝗧𝗵𝗲 𝗘𝗦𝗚 𝐰𝗮𝘃𝗲 𝐢𝘀 𝐡𝗲𝗿𝗲 While giants in the industry turn green, leveraging sustainability for lower costs and higher efficiency, SMEs stand at a critical juncture. The sustainability wave isn't just for the big players; it's fast becoming a baseline expectation across all market levels. Big corporations are not only adapting to meet regulations; they're reaping substantial benefits from ESG strategies: 👉 Reduced operational expenses 👉 Lower borrowing costs 👉 Increased investor trust 👉 A more engaged and productive workforce. 𝗛𝗼𝘄𝗲𝘃𝗲𝗿, 𝘁𝗵𝗲 𝗿𝗶𝗽𝗽𝗹𝗲 𝗲𝗳𝗳𝗲𝗰𝘁 𝗶𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗷𝘂𝘀𝘁 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 — 𝗶𝘁'𝘀 𝗮 𝘁𝗶𝗱𝗲 𝘆𝗼𝘂 𝗰𝗮𝗻'𝘁 𝗶𝗴𝗻𝗼𝗿𝗲. For SMEs, the stakes are high. As you vie for contracts, remember that larger businesses aren't just looking for suppliers; they're seeking green partners aligned with their sustainability goals. Without an ESG strategy, SMEs risk losing business to more sustainable competitors. 𝗜𝘁'𝘀 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝗮𝗯𝗼𝘂𝘁 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲; 𝗶𝘁'𝘀 𝗮𝗯𝗼𝘂𝘁 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀. At Greenroads Consultancy, we understand the pressures and potentials of integrating ESG into your business strategy. We're here to ensure that your journey towards sustainability is not just about survival but about thriving in a new, green economy. 𝗔𝗿𝗲 𝘆𝗼𝘂 𝗿𝗲𝗮𝗱𝘆 𝘁𝗼 𝗲𝗺𝗯𝗿𝗮𝗰𝗲 𝘁𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝗳 𝗘𝗦𝗚? Let us guide you through the strategic implementation of ESG practices that will define your future success. Together, let's navigate the new tides of business sustainability. #ESG #SME #VSME #CSRD

💡Are SMEs Benefiting from ESG the Same Way Large Companies Do? 🌱 As ESG becomes a cornerstone of sustainable business, its impact on small and medium-sized enterprises (SMEs) often looks different from its effect on large corporations. While SMEs stand to gain significantly from adopting ESG practices, they also face unique challenges that can limit their progress. 📈 Benefits for SMEs: ☑️ Access to financing: ESG adoption enhances creditworthiness and opens doors to green loans and funding opportunities. ☑️ Competitive edge: Aligning with ESG standards attracts conscious customers and meets the requirements of large corporate buyers. ☑️ Cost savings: Sustainable practices like energy efficiency often lead to lower operational costs. ☑️ Talent retention: Purpose-driven companies are more attractive to employees. 🚧 But the hurdles are real: ⚠️ Resource constraints: SMEs often lack the time, money, and expertise to implement ESG. ⚠️ Regulatory complexity: Frameworks are often designed with large corporations in mind. ⚠️ Awareness gaps: Many SMEs don’t know where to start or how to measure ESG impact. 📜 Research Highlights: ▶️ The need for tailored ESG support for SMEs—simplified frameworks, financial incentives, and capacity-building programs can help bridge the gap. ▶️ To truly unlock ESG’s potential for SMEs, policymakers, investors, and industry leaders must collaborate to create solutions that work for businesses of all sizes. What are your thoughts on ESG for SMEs? How can we create a level playing field? Share your valuable insights!! #ESG #Sustainability #SMEs #BusinessTransformation #FutureOfBusiness

The global transition to a sustainable economy will open up opportunities for business innovation and growth. See this month’s s+b issue to learn how to catalyze change 👇 https://lnkd.in/dYi-Y-C8 #SustainableFuture #ESG #Innovation

ESG Excellence for SMEs dBB CONSULTING: Pioneering ESG for SMEs At dBB CONSULTING, we understand the unique challenges SMEs face in integrating Environmental, Social, and Governance (ESG) practices. Our bespoke ESG solutions are designed to fit your specific needs, driving sustainability while enhancing operational efficiency. With our global footprint and local expertise, we provide actionable insights and strategic guidance to help you achieve ESG excellence and build a resilient, forward-thinking enterprise. If you are an SME and want to be ahead of the curve and ready for the change, then get in touch with us where one of our consultants will guide you and support you to becoming ESG Ready! [email protected] https://lnkd.in/eqnY9Myn #ESG #Sustainability #SMEs #dBBGlobalPartners #EnvironmentalStewardship #Governance #SocialImpact #BusinessGrowth #SustainableBusiness #SmallBusiness #SME #Entrepreneurship #BusinessGrowth #Sustainability #Leadership #SMESuccess #BusinessSolutions #GrowthStrategy #FutureOfWork #Efficiency #GlobalBusiness #SMEDevelopment #DigitalTransformation #BusinessConsulting #SMEInnovation #SMELeadership

How can sustainable SME growth be accelerated in Southeast Asia (SEA) in an uncertain business environment? The environment for SMEs in SEA and across the world has changed significantly, and increased uncertainty and disruption seems likely to be here to stay in the face of demographic change, geopolitical instability, climate change, and technological innovation. Governments concerned about sustainable economic growth and human capital development need to ensure that SMEs are provided with the right type of support. This means more than just traditional small-company support schemes. We discuss here: https://lnkd.in/gTAPFyQ7 #sustainability #SMEs #economy