Climate Goals for Medium Enterprises

Climate Action Roadmap 🌎 Climate change continues to pose significant challenges, intensifying year by year. The urgency for businesses to accelerate their efforts in addressing environmental impacts has never been more critical. Enhanced focus on robust climate action can mitigate risks and leverage opportunities for growth and innovation. The initial step in any effective climate strategy involves conducting a thorough inventory analysis. By compiling a comprehensive inventory of all carbon emissions, businesses gain essential insights necessary for informed decision-making. This data-centric approach ensures that every subsequent action is grounded in reality and tailored to specific needs. Potential assessment forms the next phase, evaluating opportunities for carbon reduction across all operations. This stage is crucial for identifying feasible measures that can be implemented to reduce the carbon footprint effectively, highlighting the importance of setting practical and achievable goals. Science-based target setting is paramount to ensure meaningful decarbonization efforts. Establishing clear, measurable objectives aligned with global standards allows businesses to stay on track and make quantifiable progress towards sustainability commitments. Strategic alignment integrates climate objectives with the overall business strategy, bridging the gap between environmental goals and business growth. This integration not only addresses the risks associated with climate change but also uncovers valuable opportunities for innovation within the market. Effective implementation and regular monitoring of these strategies are essential to ensure they not only exist on paper but also bring about real change. Monitoring progress against set targets using a structured carbon management system provides the necessary feedback to refine strategies and adapt actions based on evolving conditions and scientific guidance. Ultimately, the continuous improvement of these strategies, informed by regular feedback and adapting to new scientific findings, underscores the dynamic nature of climate action. This approach not only fosters resilience and adaptability in business operations but also contributes significantly to the broader goal of sustainable development. #sustainability #sustainable #business #esg #climatechange #climateaction #sdgs #strategy

ExpectAI - Profitable Climate Action - Net Positive AI If the energy transition is to succeed, it must make economic sense. This applies to businesses making investment decisions, shareholders directing capital, and customers choosing where to spend their money – for example whether or not to buy an electric vehicle – or how to heat or cool their premises. Words are nice but economics drive choices. This is one of the reasons I said yes when Anand Verma (Dr.) – the Founder and CEO of ExpectAI - asked me to become Chairman. ExpectAI’s mission is clear “Higher Profits, Lower Emissions”. Let me explain a little bit about what we do. Believe it or not - there are over 330 million small to medium sized businesses (SMBs) globally. These SMBs represent over 40% of corporate emissions – and yet attract little attention or support. SMBs are unlikely to have a Chief Sustainability Officer. They certainly will not be hiring an expensive management consultant to help them figure out how to reduce their energy costs and their emissions. And let’s face it – it’s a really complex space with different regulatory and incentive schemes depending on where you are in the world. And here is where ExpectAI comes in. We use artificial intelligence and public data to help these companies grow their profits and reduce their emissions – profitable climate action! Our AI super agent, Una, is a brilliant advisor. Una makes tailored recommendations on how the SMB can lower its energy costs and take advantage of subsidies and incentives. It then matches users with local suppliers (think roof solar panels) and simplifies filling out all the forms. Over time we can imagine ExpectAI to provide the SMB with financial support – either through a relationship with a lender or a dedicated SMB fund. Una also helps with compliance and reporting (of which there is a lot!) and effectively acts as a business’s Chief Sustainability Officer. This is what net positive AI is all about. How to make sure the benefits of AI vastly outweigh the downsides. At Prometheus Hyperscale our goal is to build sustainable date centres and minimise energy (and water) use. Minimising the negative. At ExpectAI, we’re on the opposite side of the equation, using AI to help SMBs grow profits while lowering emissions. Maximising the positive. Now we need to go and make it happen. Watch this space! https://lnkd.in/eipSenZE

Building ESG: How SMEs Can Go Carbon Neutral and Save Money _______________________________________ Small and medium-sized enterprises (SMEs) play a vital role in the global economy, accounting for over 90% of businesses worldwide. However, SMEs also contribute a significant amount of carbon emissions. In fact, according to the @World Bank, SMEs emit about 20% of global greenhouse gases. As the world transitions to a low-carbon economy, SMEs need to take steps to reduce their carbon footprint. Not only is this the right thing to do for the planet, but it can also save businesses money and improve their bottom line. How SMEs can achieve carbon neutrality: 1. Assess your carbon footprint. The first step is to understand how much carbon your business is emitting. You can do this by using a carbon calculator. 2. Set emissions reduction targets. Once you know your carbon footprint, you can set targets for reducing it. These targets should be ambitious but achievable. 3. Implement emission reduction measures. There are a number of things you can do to reduce your business's carbon emissions. These include: * Switching to renewable energy * Improving energy efficiency * Reducing waste * Using sustainable transportation * Planting trees 4. Offset your remaining emissions. If you are unable to reduce your emissions to zero, you can offset your remaining emissions by investing in projects that reduce greenhouse gas emissions elsewhere in the world. 5. Communicate your progress. Let your customers, employees, and suppliers know about your commitment to carbon neutrality. This will help to raise awareness of the issue and encourage others to take action. SMEs can play a significant role in reducing greenhouse gas emissions and building a more sustainable future. They can also improve their own bottom line and become more competitive in the global marketplace. (Disclaimer: Views are personal, should not be related to organisations view) Please feel free to add your views, in case you want to share this article please feel free to share #buildingEsg #circulareconomy #eyfinancialservices #sustainablefinance #sustainabilityreporting #esgreporting #esgstrategy #esgrisk #climaterisk #climatechangeaction #climaterisks #india #emissions #esgratings #esg #cop27 #greenertogether

Everyone’s talking about impact. But very few know how to measure it. As someone who works closely with businesses—from early-stage startups to growing SMEs—I see this struggle all the time: ❌ “We want to be more sustainable but don’t know where to start.” ❌ “We don’t have the time or budget to hire a consultant.” ❌ “We’re doing things right... we think. But how do we prove it?” The good news? You don’t need a full sustainability team to get started. Here are 3 powerful FREE tools I recommend all the time to clients and founders I mentor: 🔹 B Impact Assessment (BIA) The most widely used tool to evaluate your company’s social and environmental performance. It covers everything from how you treat your employees to how you engage with your community and manage your environmental footprint. It also sets you on the path to becoming a B Corp—but even if that’s not your goal, it gives you a clear benchmark to improve. 👉 Learn More: https://lnkd.in/ddwJ6hXH 🔹 SDG Action Manager Developed by B Lab and the UN Global Compact, this tool connects your operations to the Sustainable Development Goals (SDGs). It helps you assess your impact across topics like gender equality, decent work, and climate action, while giving you guidance on where to go next. A great tool if you want to align your strategy with global goals. 👉 Learn More: https://lnkd.in/d8Nvqrw4 🔹 SME Climate Hub Designed specifically for small businesses, this tool helps you measure and reduce your carbon emissions. It guides you step by step to set a credible net-zero commitment and access action plans and reporting templates. Backed by the UN Race to Zero initiative—it’s perfect if you want to show real climate leadership. 👉 Learn More: https://lnkd.in/dKivEaRi 🛠 These tools aren't just checklists. They help you turn good intentions into strategy, and strategy into impact. 💬 Have you used any of them? Curious to hear what’s worked for you—or what’s still unclear. #ImpactMeasurement #Sustainability #SDGs #SMEClimateHub #ClimateAction #BCorp #PurposeDrivenBusiness #MENAImpact