Small and medium businesses are a huge part of our economy and society, representing 90% of businesses worldwide and affecting the livelihoods of over 2 billion people. Enabling businesses to take action (and be part of the solution) is a critical component of addressing the climate crisis. However, our research revealed that both a lack of knowledge and a fear of ‘greenwashing’ are major barriers to businesses’ climate engagement.
In this report, our Chief Impact Officer Brian Johnston looks at how to fill the gap between SMEs’ intentions to take climate action and their lack of knowledge and resources on how to do it. By exploring the basic tools and incentives necessary to take meaningful climate action, SMEs can start their journey and lead the way to a low carbon economy for others to follow.