Our SME climate commitment

2022 is already shaping up to be our busiest year yet, and at the forefront of all our activities is our goal to reduce carbon emissions.

Following our commitment to achieve net zero by 2040, and provide regular updates on our progress, we have now taken a further step towards achieving our goal.

We have taken the SME climate commitment, counting us in the global Race to zero campaign.

SME Climate Hub

The SME Climate Hub provides small and medium sized businesses with a one-stop-shop to make a climate commitment and access best-in-class tools and resources to reduce their environmental impact and build resilient businesses for the future.

The SME Climate Hub was founded by the We Mean Business Coalition, Exponential Roadmap Initiative, the International Chamber of The SME Climate Hub was founded by the We Mean Business Coalition, Exponential Roadmap Initiative, the International Chamber of Commerce, and the United Nations Race to Zero campaign in collaboration with Oxford University and Normative. This partnership is an exercise in radical collaboration that allows SMEs to join the United Nations Race to Zero, an international campaign that brings together an unprecedented coalition of real economy actors and 120 governments committed to achieving net-zero emissions by no later than 2050. 

Over 3,300 SMEs across 90 different countries have made the commitment, with key sectors including retail, energy, manufacturing, agriculture, technology.

By taking climate action through the SME Climate Hub, small businesses can better navigate the shifting expectations of consumers, large corporations, and governments.

Taking climate action gives SMEs a competitive advantage and enables them to future-proof their business by:
• Improving efficiencies and reducing costs
• Managing business risk
• Enhancing access to capital and affordable insurance
• Providing unique growth opportunities
• Building supply chain resilience and
• Strengthening marketing and branding efforts.

Next steps

By making the SME climate commitment, we agree to share our progress on at least a yearly basis, which begins with an assessment of our current emissions, and prioritising the areas in which we need to make changes.

Our findings will be published in due course.