SME Today’s Post

mall businesses are the backbone of the UK economy, contributing significantly to stability and growth. At the start of 2023, SMEs employed 61% of the UK workforce, totalling 16.7 million jobs according to the latest OFNS data. Beyond economic impact, SMEs are pivotal in driving circularity, sustainability, and social value. But what do they need to become even more sustainable? Watch the short video below to find out, and download our Sustainability Survey Report now to discover more insights into the sustainability practices of businesses and SMEs: https://bit.ly/3WsYw3p #SMEs #UKBusiness #EconomicGrowth #Sustainability #CircularEconomy

Small businesses are the backbone of the UK economy, contributing significantly to stability and growth. Watch the short video below to find out, and download our Sustainability Survey Report now to discover more insights into the sustainability practices of businesses and SMEs

Watch the short video below to find out, and download our Sustainability Survey Report now to discover more insights into the sustainability practices of businesses and SMEs: https://bit.ly/3WsYw3p

We love working with Small and Medium-Sized Businesses (SMEs) in all industries. Here are just some of the reasons why and how SMEs make such an impact with their sustainability efforts: Economic Contribution: SMEs make up 90% of businesses globally, employ 70% of the world’s workforce, and contribute over 50% of global GDP. Innovation and Agility: SMEs are central to the net zero transition due to their agility and potential for innovation in various sectors. Job Creation: In the EU, SMEs account for two-thirds of private sector jobs, and in the US, they have created nearly two-thirds of net new private sector jobs in recent decades. Early Mover Rewards: SMEs that take early climate action have reported enhanced business reputation (62%), competitive differentiation (53%), improved branding (40%), and new customer acquisition (30%). Cost Savings and ROI: 52% of SMEs are motivated by cost savings and return on investment when they take steps to reduce emissions. Source: SME Climate Hub https://lnkd.in/gnJEv9TQ #EthoWork #Sustainability #ESG #MakingItRight #EcoVadis #EcoVadisApprovedTrainingPartner #SMEClimateHub

But what do you need to become even more sustainable? Watch the short video below to find out,

Check out our short video below to find out what small businesses need to do to become more sustainable.

🌱 SMEs are crucial for business sustainability as they comprise most of the global business landscape. How much you wonder? According to The World Bank, SMEs represent 90% of all businesses. That means a ton of independent decision-makers who decide upon: - which suppliers to work with - how much greenhouse gas emissions to emit - plastic inputs and outputs - effective ways to manage waste and consume resources That means a large environmental footprint. 💼 The OECD - OCDE reports that SMEs collectively account for at least 50% of GHG emissions in the business sector. 🔍 While commitment to sustainability by SMEs would accelerate the net zero transition, this commitment could also open up important opportunities by integrating sustainability more directly - including: 💰 Access to Finance: By embracing sustainability, SMEs can enhance their impact, improve financial health, and access diverse financing opportunities. Conversely, neglecting sustainability can limit their financing options. 📝 Complying with Regulations: Many jurisdictions have laws to support the global sustainability agenda. SMEs that adopt sustainable practices can easily meet these regulatory requirements and avoid penalties for non-compliance while gaining ground on slower and larger incumbents.. 🌟 Gain Competitive Edge by Attracting More Eco-Aware Customers: With consumers becoming increasingly eco-conscious, adopting a sustainable strategy can enhance their reputation and provide a competitive edge over other businesses. How do you think SMEs will benefit from adopting sustainability? For business owners, is adopting sustainability limiting or enhancing your business? Please share in the comments below. Our posts help people interested in #impactinvesting, #responsiblefinance, #ESG and #sustainability stay informed. 🔗 Follow us and Dr Tanvir Uddin for more insights, news, and articles. #SMEs #Sustainability #NetZero #ESG #ImpactInvesting

Small businesses are the backbone of the UK economy, contributing significantly to stability and growth. At the start of 2023, SMEs employed 61% of the UK workforce, totalling 16.7 million jobs according to the latest OFNS data. Beyond economic impact, SMEs are pivotal in driving circularity, sustainability, and social value. But what do they need to become even more sustainable? Watch the short video below to find out, and download our Sustainability Survey Report now to discover more insights into the sustainability practices of businesses and SMEs: https://bit.ly/3WsYw3p #SMEs #UKBusiness #EconomicGrowth #Sustainability #CircularEconomy

Today is Micro, Small, and Medium-sized Enterprises Day! 🚀 The UN designated June 27th to raise awareness about the significant contribution of MSMEs to achieving the Sustainable Development Goals. In this article, you can dive deeper into how this important group of businesses contributes to sustainable development. ⭐️ Read more HERE https://lnkd.in/gYAYsU9A #Sustainability #MSMEDay

Curious about the top sustainability needs for SMEs? Discover the insights in our latest report! Download our comprehensive study to uncover what small and medium-sized enterprises are prioritising to enhance sustainability. Ready to take the next step? Contact me today for a complimentary waste audit and let us help you kickstart your journey towards sustainability. #Sustainability #SMEs #EnvironmentalImpact #GreenBusiness #biffa North West Waste Management Solutions - Biffa