Sustainable Development Goals
We encourage SMEs to be guided by the UN’s sustainable development goals (SDGS) taking into account environmental, social and governance (ESG) factors in their decision making.
The UN Sustainable Development Goals (SDGs) are a call to action for Governments, companies and communities to rebalance the relationship between the economy, the environment and society.
SME´s play a significant role in providing employment, supporting the growth of the Economy and are now increasingly facing challenges from external pressures to be more sustainable.
As consumers adopt socially conscious spending habits they are now demanding SME´s s adopt sustainable development.
These pressures consequently generate internal motivation for firms to innovate, enhancing competitive advantages that drive business performance in a sustainable direction.
The benefits of adopting
Those not acting now will face growing pressure to invest in sustainability from regulators, customers and investors.
Sustainable development improves the companies reputation and its ability to attract better talent, investment and partners.
It can result in higher revenues as consumers are willing to pay more for products and services improving its competitive advantage.
Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions leading to more long-term investments in sustainable economic activities and projects.
It encompasses climate, green and social finance while adding broader considerations about the long-term economic sustainability of the organizations that are funded, and the role and stability of the entire financial system in which they operate.
Green Finance refers only to finance seeking to positively impact the state of the environment. This is achieved by incentivising money flow to green projects and covers all aspects of the environment including climate, biodiversity protection and clean energy.