One Care has signed up to the Small and Medium-sized Enterprises (SME) Climate Hub to join the global united national Race to Zero campaign, committed to achieve net-zero emissions no later than 2050.
Small and medium sized enterprises account for 90 per cent of business worldwide and affect the livelihood of two billion people. However, in the global effort to mitigate climate change, large businesses and governments have largely been the focus of the discussion. The SME Climate Hub aims to bring all businesses on board to net zero.
The SME Climate Hub mobilises and supports small and medium sized businesses to commit to cut carbon emissions in half by 2030 and reach net zero emissions before 2050 – a milestone aimed at avoiding the worst effects of climate change while ensuring business viability.
By taking climate action through the SME Climate Hub, businesses can better navigate the shifting expectations of consumers, large corporations, and governments.
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.
To date, over 2600 SMEs across 84 countries have made the commitment.
For more information on tackling climate change through SME Climate Hub, click here.