WHAT CAN SMES DO TO ACCELERATE THEIR JOURNEY TO NET ZERO?

Press/Media: Blog entry

Description

Why would small business leaders adopt net zero practices?

Many SMEs are still reluctant to transition to green business models: viewing investments as costly, not fitting with the traditional business model and contradictory to business performance. Is this true?

A recent report by the Enterprise Research Centre shows that it is not necessarily a trade-off. A small business can contribute to the climate emergency agenda without compromising its own growth. This is a win-win situation where business objectives are compatible with environmental goals.

Increasingly, environmentally aware consumers are demanding low carbon products and services. If business is up to the challenge of meeting this new demand – it will thrive. Consumer demand is one of the most potent driving forces encouraging businesses to adopt net zero practices along with the positive attitude towards the environment of business owners and managers. With a new breed of entrepreneurs starting out with green models and technologies, established entrepreneurs cannot afford to stand still.

 

Period2 Nov 2021

Media contributions

1

Media contributions

  • TitleWHAT CAN SMES DO TO ACCELERATE THEIR JOURNEY TO NET ZERO?
    Media name/outletOECD
    Country/TerritoryUK United Kingdom
    Date2/11/21
    DescriptionWhy would small business leaders adopt net zero practices?

    Many SMEs are still reluctant to transition to green business models: viewing investments as costly, not fitting with the traditional business model and contradictory to business performance. Is this true?

    A recent report by the Enterprise Research Centre shows that it is not necessarily a trade-off. A small business can contribute to the climate emergency agenda without compromising its own growth. This is a win-win situation where business objectives are compatible with environmental goals.

    Increasingly, environmentally aware consumers are demanding low carbon products and services. If business is up to the challenge of meeting this new demand – it will thrive. Consumer demand is one of the most potent driving forces encouraging businesses to adopt net zero practices along with the positive attitude towards the environment of business owners and managers. With a new breed of entrepreneurs starting out with green models and technologies, established entrepreneurs cannot afford to stand still.
    URLhttps://oecdcogito.blog/2021/11/02/what-can-smes-do-to-accelerate-their-journey-to-net-zero/
    PersonsEffie Kesidou

Keywords

  • Net zero, SMEs