An individual small business has a relatively small carbon footprint. But together, these businesses have a huge impact — both on the planet and on the communities in which they operate. What’s more, many of the key innovations that will enable businesses and consumers to cut their emissions will almost certainly be developed by small businesses. To reach the global climate goal of halving emissions by 2030, we can’t leave behind small-to-medium-sized enterprises (SMEs). But helping them will require collaboration and support from the large corporations that are often SME’s most important clients.
How Big Businesses Can Help Their Suppliers Cut Emissions
Smaller businesses will play a key role in halving global emissions by 2030. But they often lack the resources to succeed on their own.
April 08, 2022
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Summary.
To reach the global climate goal of halving emissions by 2030, we can’t leave behind small-to-medium-sized enterprises (SMEs). But helping them will require collaboration and support from the large corporations that are often SME’s most important clients. Taking climate action is not easy for small businesses. Large businesses can help by directing small business to the SME Climate Hub, which provides tools and guidance for SMEs to measure emissions and reduce their carbon footprint. Large businesses can also provide more direct support. IKEA, for example, offers SMEs in its supply chain support to convert to 100% renewable energy through financing on-site investments and enabling the purchase of renewable electricity.