{"id":3494159,"date":"2022-03-01T17:13:21","date_gmt":"2022-03-01T16:13:21","guid":{"rendered":"https:\/\/www.globalfactor.com\/launch-of-the-corporate-climate-responsibility-monitor-copy\/"},"modified":"2022-03-01T17:18:24","modified_gmt":"2022-03-01T16:18:24","slug":"sme-climate-hub-launches-tools-to-help-small-businesses-deliver-on-climate-goals","status":"publish","type":"post","link":"https:\/\/www.globalfactor.com\/en\/sme-climate-hub-launches-tools-to-help-small-businesses-deliver-on-climate-goals\/","title":{"rendered":"SME Climate Hub launches tools to help small businesses deliver on climate goals\u202f"},"content":{"rendered":"

Sponsored content: Small and medium sized business account for the majority of the private sector, so support is crucial to help them take bold climate actions<\/b><\/p>\n

An initiative aimed at providing small and medium sized enterprises (SMEs) the resources they need to act on climate change has recently launched a new series of tools to help SMEs more effectively measure and report on their emissions.\u202f<\/b><\/span><\/p>\n

The platform update includes an educational course, a carbon emissions reporting framework, a carbon calculator, and a financial support guide \u2013 specifically designed to help small businesses more seamlessly mitigate their environmental impact while building resilient business models.<\/p>\n

The announcement is part of a recent update from the SME Climate Hub, an initiative of the We Mean Business Coalition, the Exponential Roadmap Initiative, the United Nations Race to Zero campaign, and the International Chamber of Commerce. In collaboration with Normative and the Net Zero team at Oxford University, the SME Climate Hub provides tools and resources to enable SMEs to make a climate commitment, take action and measure their progress towards emissions reductions.<\/p>\n

\u201cSmall businesses cannot be expected to set and reach net-zero goals without support. Multinational corporations put in place complex and holistic thinking around climate action, often with large teams of sustainability professionals integrating climate across the entire business strategy,\u201d said Mar\u00eda Mendiluce, CEO of We Mean Business Coalition.<\/p>\n

\u201cSmall businesses lack such resources, yet they will be held to the same net zero standards over time \u2013 from consumers, policy, and investors,\u201d she added.<\/p>\n

According to the World Bank, small and medium sized enterprises account for 90% of businesses and more than 50% of employment worldwide, yet larger corporations are often the focus of climate discourse, leaving smaller businesses with little impetus to change.<\/p>\n

Frog Bikes, a UK children\u2019s bicycle manufacturer committed to halving their emission by 2030 and be net zero by 2050 is one of over 3,500 companies working to reduce their emissions through the SME Climate Hub. Specifically, they are looking at ways to reduce their use of primary aluminium, a material whose production is highly energy intensive.<\/p>\n

\u201cOur company is determined to reduce the emissions associated with manufacturing our bicycles,\u201d said Shelley Lawson, director and co-founder of Frog Bikes.<\/p>\n

\u201cThis represents both sourcing and supply chain challenges, so we joined the SME Climate Hub to help us tackle some of the issues \u2013 starting with fully understanding and measuring our current emissions. The collective resources that the Hub has gathered together made it easier to take the first steps on this journey,\u201d she added.<\/p>\n

Leading up to the development of the suite of tools, the Hub surveyed small and medium sized businesses about the primary barriers to climate action. With over 63% of respondents listing skills and knowledge as a key barrier, the Hub confirmed the value of creating Climate Fit, a free online training course which offers a step by step plan to help enterprises reduce carbon emissions.<\/p>\n

Developed in collaboration with the University of Cambridge Institute for Sustainability Leadership (CISL) and Business for Social Responsibility (BSR), the course covers modules from governance and strategy to finance and people.<\/p>\n

The first iteration of the Hub\u2019s carbon calculator, developed by Normative with the support of Google.org, has also been launched and will allow companies to understand which areas of their industry are the source of emissions hotspots, while a reporting framework created in partnership with CDP will empower SMEs to track and report progress on climate commitments.<\/p>\n

The Hub also recently launched an online guide with BSR and CISL to improve access to financial support for SMEs working to reduce carbon emissions. The resources aim to help small businesses secure long-term viability and improve profits, to strengthen their climate impact.<\/p>\n

Along with the new tools, the SME Climate Hub recently supported the launch of the 1.5\u00b0C Supplier Engagement Guide, a collaborative platform created by the Exponential Roadmap Initiative to engage large corporations in working with their suppliers to halve emissions by 2030.<\/p>\n

Introduced in Glasgow at COP26, companies behind the 1.5\u00b0C Supply Chain Leaders and the initiative\u2019s Engagement Guide include Telef\u00f3nica, BT, and Mastercard amongst others. These companies have also committed to encouraging SMEs in their supply chains to make the SME Climate Commitment.<\/p>\n

\u201cThis is a crucial year for climate action and Mastercard, like other companies, has ambitious carbon reduction targets that will help drive exponential impact for the planet; addressing the emissions of our global supply chains will be vital to bring us closer to our net zero goals,\u201d said Kristina Kloberdanz, chief sustainability officer at Mastercard.<\/p>\n

\u201cWe do not have the time or the resources for all of us to go it alone, so we need to be able to work together, between businesses large and small. Through the 1.5\u00b0C Supply Chain Leaders and the SME Climate Hub, we\u2019re proud to support our suppliers in our collective journey to net zero and drive the collaboration that is vitally needed,\u201d she added.<\/p>\n

The SME Climate Hub is continuing to build out financial resources and tools to simplify climate action for small businesses and are releasing the full results of their small business survey next month.<\/p>\n

\u201cThrough the collaboration of partners with different expertise, we are creating a path forward to net-zero that\u2019s simple and achievable \u2014 and most importantly, leaves no one behind,\u201d said Mendiluce. \u201cTo reach our collective climate goals, every business has a role to play.\u201d<\/p>\n

\n

Source:<\/b> Climate Home news<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

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