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Bookmark or Share- Small Business, Big Problem: New Report Says 67% of SMEs Worldwide Are ...Amid recession fears, business leaders cite survival and expansion as their top challenge in a global survey of 800 executives of SMEs and mid-sized companies; SMEs are the backbone of the global economy, creating close to 70% of jobs and GDP worldwide; World Economic Forum report highlights opportunities for boosting future readiness of SMEs
- Why SMEs are key to a more sustainable and inclusive world | World ...SMEs must seize every opportunity to embrace and advance ESG because there is no time to waste. We only have a few years left to alter the trajectory of our GHG emissions, reduce global inequalities, and achieve the substance of the 2030 Agenda for Sustainable Development.
- Why big business must support SMEs for growth and net zeroSMEs have a major role to play in creating economic growth and meeting net zero targets. Consequently, large corporations must support SMEs in skills-building and their environmental transition. A number of successful partnerships between large businesses and SMEs are proving to boost the economy and the environment.
- 67% of SMEs and mid-sized businesses are fighting for survival.SMEs play a vital role in the global economy, contributing up to 70% to employment and GDP. However, 67% of SMEs and mid-sized businesses are fighting for survival. This is partly because SMEs face intense short-term business pressures, limited expertise and resource constraints, which hinder their technology adoption.
- SMEs should link growth with environmental sustainabilitySMEs and mid-sized companies lack the resources of larger ones to dedicate to sustainability, despite being key players in the industrial transformation. Here's how a business investment mindset that acts on sustainability and advances the net-zero journey can unlock three key benefits for SMEs.
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