A brand new SME Local weather Hub will assist small- and medium-sized companies to curb carbon emissions to extend competitiveness.
A coalition of main organisations has introduced the launch of the bottom breaking one-stop store local weather motion platform for small- and medium-sized enterprises (SMEs) to curb carbon emissions, construct enterprise resilience and achieve a aggressive benefit.
The SME Local weather Hub – co-hosted by the Worldwide Chamber of Commerce (ICC), the Exponential Roadmap Initiative, the We Imply Enterprise coalition and the United Nations Race to Zero marketing campaign – launches as we speak on the 2020-edition of New York Local weather Week.
The SME Local weather Hub is made attainable by the We Imply Enterprise coalition’s partnership with Amazon. Introduced in June, a key a part of the partnership is concentrated on mobilising provide chains, together with SMEs, to take and scale-up measurable and direct motion on local weather change.
The SME Local weather Hub will encourage small- and medium-sized firms to decide to halving greenhouse gasoline emissions earlier than 2030 and to reaching net-zero emissions earlier than 2050. SMEs making the dedication – which will likely be globally recognised by the United Nations Race to Zero marketing campaign – will be capable to benefit from accessible instruments and sources to assist them scale back emissions and construct enterprise resilience. The platform will couple these tailor-made sources with alternatives for companies to unlock direct business incentives.
Regardless of making up roughly 90% of enterprise worldwide and using over two billion individuals, SMEs have been largely underserved by local weather motion initiatives to this point. In establishing the SME Local weather Hub, the co-hosts of the platform see a possibility to allow emissions reductions at giant scale – and, in doing so, construct bottom-up resilience to local weather dangers in important world provide chains.
Recognising that the consequences of the COVID-19 pandemic have disrupted small companies all through the world, the initiative will place a strategic emphasis on enabling SMEs to leverage local weather motion as a method of successful and retaining enterprise, decreasing prices, enhancing entry to capital and rising enterprise preparedness to exterior shocks.
A number of main multinational companies, together with Ericsson, IKEA, Telia, BT Group and Unilever, which have set targets to succeed in net-zero emissions of their worth chains have dedicated to assist the SME Local weather Hub by a brand new “1.5°C Provide Chain Leaders” group. These firms have made a agency dedication to incorporate climate-related targets and efficiency of their provider buying standards – and to work hand in hand with the SMEs of their provide chain to ship net-zero greenhouse emissions earlier than 2050. They will even present concrete instruments, share information and alternate greatest practices for implementing strong local weather methods by the SME Local weather Hub.
ICC Secretary Basic John W.H. Denton AO stated:“Addressing local weather change has by no means been so enterprise important. We’re delighted to associate with like-minded organisations to carry to life the SME Local weather Hub and assist assist the businesses that make up the spine of our world financial system, within the face of the rising dangers of local weather change. We wish to make it as simple as attainable for small and medium-sized companies to guard and develop their enterprise.”
“The SME Local weather Hub will assist firms to broaden their local weather commitments throughout their whole worth chain, enabling SMEs – which symbolize over 90% of the world’s companies – to Race to Zero. This will likely be an thrilling turning level, and we look ahead to seeing exponential development in company web zero commitments as we work in direction of COP26,” stated Nigel Topping, UK Excessive Degree Local weather Motion Champion for COP26.
Henrik Elm, World Provide Supervisor at IKEA stated: “IKEA is dedicated to working carefully along with our provide chain companions to cut back absolute greenhouse gasoline emissions from manufacturing by 80% by 2030. We’re proud to be a 1.5°C Provide Chain Chief and to contribute to facilitating the local weather journey for small and medium enterprises (SMEs). We won’t be able to restrict local weather change by working alone. Solely by working collectively will we present that it’s attainable.”
Johan Falk, Co-Founder and Head of Exponential Roadmap Initiative stated: “Our imaginative and prescient is to mobilise thousands and thousands of small- and medium-sized enterprises to speed up local weather motion. That is the beginning of a journey and we first make it attainable for SMEs to decide to halve emissions earlier than 2030. A primary strategic useful resource is the 1.5°C Business Playbook, a information that helps SMEs to develop a local weather technique anchored within the newest science and begin taking motion. Alongside the best way, the aim is to supply instruments and sources which each simplify and make it helpful for SMEs to chop emissions and supply the subsequent era inexperienced options.”
Maria Mendiluce, CEO ofthe We Imply Enterprise coalition stated: “Mobilising SMEs to take motion is important. It’s unbelievable to see the SME Local weather Hub making it simple for small- and medium-sized firms to take motion. On the We Imply Enterprise coalition now we have seen giant firms achieve aggressive benefit over their friends by taking local weather motion. SMEs with local weather motion plans will place themselves to change into probably the most enticing suppliers to the a whole bunch of multinationals with decarbonisation plans in addition to to the rising variety of buyers now addressing local weather associated threat.”
Gonzalo Munoz, CEO TriCiclos, Chilean Excessive Degree Local weather Motion Champion for COP25 stated: “As a small enterprise proprietor, I’ve seen first hand the advantages of placing a sustainable future on the coronary heart of my enterprise technique, however I additionally know that even after we desperately wish to do nicely, as a small enterprise, it isn’t all the time simple to know the place to start out. That’s the reason I’m so excited in regards to the SME Local weather Hub – it permits small enterprise homeowners like myself to make a local weather dedication with the arrogance that they are going to be supported with sensible sources and incentives.”
For extra details about the SME Local weather Dedication, go to: https://www.smeclimatehub.org/sme-climate-commitment