Top Posts
African climate change projects secure major funding
Former French PM urges China, Europe to unite...
NDDC, FOSDO launch tree-planting campaign to address climate...
WHO unveils an ambitious blueprint for action on...
New report shows nearly 900 million poor people...
Lagos to Host 2025 International Climate Change Summit
New study shows overheating world will add 57...
NAICOM urges W’African insurers to invest in climate...
Climate change: Nigeria, development partners launch Net Zero...
Nigeria launches net zero project to fight climate...
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
World

Hub launches tools to help small businesses deliver on climate goals 

by admineconai February 4, 2022
written by admineconai February 4, 2022
991

SME Climate Hub has recently launched a new series of tools to help SMEs more effectively measure and report on their emissions. 

The World Bank estimates that 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. 

An initiative aimed at providing small and medium-sized enterprises (SMEs) the resources they need to act on climate change, the platform update includes an educational course, a carbon emissions reporting framework.

Others include a carbon calculator, and a financial support guide – specifically designed to help small businesses more seamlessly mitigate their environmental impact while building resilient business models. 

According to reports, the announcement is part of a recent update from the SME Climate Hub, which is 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.

Read also: Study shows Corals will suffer severe bleaching with global heating at 1.5C

The SME Climate Hub, In collaboration with Normative and the Net Zero team at Oxford University, provides tools and resources to enable SMEs to make a climate commitment, act and measure their progress towards emissions reductions. 

María Mendiluce, CEO of We Mean Business Coalition, said that small 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,” she said.

Speaking further, she said that small businesses lack such resources, yet they will be held to the same net-zero standards over time – from consumers, policy and investors.

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 that offers a step-by-step plan to help enterprises reduce carbon emissions. 

The course, developed in collaboration with the University of Cambridge Institute for Sustainability Leadership (CISL) and Business for Social Responsibility (BSR), covers modules from governance and strategy to finance and people. 

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.

Story was adapted from climate home news.

EmissionHubSMSTools
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
EU chief says 2022 must see action on biodiversity, plastics, oceans
next post
Tanzania residents undergo training to tackle climate change

Related Posts

Former French PM urges China, Europe to unite...

October 22, 2025

WHO unveils an ambitious blueprint for action on...

October 20, 2025

New report shows nearly 900 million poor people...

October 20, 2025

New study shows overheating world will add 57...

October 16, 2025

Heaviest monsoon in a decade kills 458 people...

October 9, 2025

Council releases first fully electric bin lorry

October 9, 2025

Study shows US asthma inhalers produce same emissions...

October 7, 2025

Pope Leo hits out at climate change critics

October 3, 2025

Protesters seek $5tr payment from fossil fuel companies

October 1, 2025

UN official says climate change displaces up to...

September 30, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

  • Facebook
  • Twitter
  • Instagram
  • Linkedin
  • Bloglovin
  • Vimeo

@2021 - All Right Reserved. Designed and Developed by Eco-Nai+

EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World