How to Support SMEs Towards Net Zero

Elisa Moscolin

Executive Vice President for Sustainability and Foundation

In this video, Elisa talks about how large corporations can support small and medium-sized enterprises (SMEs) in their sustainability efforts. She outlines three key strategies: setting clear reporting expectations, providing tools and resources for measuring carbon impact, and advocating for simplified reporting standards.

IT sector

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How to Support SMEs Towards Net Zero

7 mins 27 secs

Key learning objectives:

Understand how large corporations can support SMEs in achieving sustainability goals
Identify strategies corporates can use to assist SME suppliers with decarbonisation efforts
Outline key recommendations for simplifying sustainability reporting standards for SMEs

Overview:

The sustainability journey of small and medium-sized enterprises (SMEs) requires collective action and support from larger corporations. As SMEs face challenges such as limited resources and high operational costs, the role of big companies becomes crucial. They can provide clear expectations and reporting guidelines, as well as the necessary tools and technology to help SMEs measure and manage their carbon footprints. Furthermore, advocating for simplified sustainability reporting standards can empower SMEs to engage in effective climate action. Overall, a collaborative approach can enhance the capacity of SMEs to contribute to a sustainable future.

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Summary

How can large corporates support SME suppliers?

By focusing their reporting on the most material issues and being clear on the expectations from their supply chain
By helping SMEs on their decarbonisation journey
By advocating for simplified reporting standards for the SME community

What are the key objectives of the reporting recommendations identified in the latest report by ICC and PwC?

Enable policymakers to standardise and simplify sustainability regulations
Drive early adoption of voluntary standards by SMEs
Accelerate sustainability action by focusing SMEs’ reporting efforts and providing practical guidance beyond commitments
Support progress towards global sustainability goals by increasing accuracy and comparability in reported sustainability data

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Elisa Moscolin

Elisa Moscolin is a sustainability professional with a track record of driving this agenda in global blue-chip organisations. She advises Boards and Executive teams on sustainability strategy and execution. She has worked in the ICT and Financial Services sectors. Elisa is currently Executive Vice President for Sustainability and Foundation at Sage Group plc.; Sage is a global market leader for technology for small and medium businesses and Elisa is leading its sustainability agenda. Elisa has previously worked for Vodafone Group in global and local roles in Italy, the UK and Kenya. In Kenya she worked with Safaricom, a subsidiary of Vodafone which developed M-Pesa, the iconic mobile-based money transfer and banking platform that has greatly improved financial inclusion in the country. She is an alumni of Cambridge Institute for Sustainability Leadership and holds a Master’s Degree in International Studies and Diplomacy. Elisa’s professional ambition is to contribute to shifting the business community toward more ethical and responsible business practices.

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