SMEs are lagging in CO2 reduction
Recent research by Argos Wityu and Boston Consulting Group has revealed a hidden opportunity for small businesses (SMEs). While many large companies are working to become more sustainable by reducing their carbon emissions, SMEs do not feel the same urgency. In fact, only 38% of all SMEs are taking measures to reduce their CO2 emissions, and even fewer have a structured plan to do so. This is surprising, as going green also facilitates financial and commercial benefits. Although overall CO2 emissions have dropped due to rising energy prices, this finding raises an important question: are SMEs aware of the significant role they can play in the sustainability transition?