Fighting climate change from the bottom up
Southeast Asia (SEA), a region brimming with dynamism and entrepreneurial spirit, is home to over 71 million Small and Medium Enterprises (SMEs) – accounting for 97% of all businesses in the region. From driving innovation and employment to fostering community development, SMEs form the backbone of the economy, underscoring their critical role in shaping SEA’s future.
Yet, the reality that looms over our planet today is stark: SEA’s SMEs have a combined carbon footprint that exceeds the total annual national emissions of countries like Cambodia. With SEA on the road to carbon neutrality and net-zero emissions by 2050, this spells an urgent need for businesses to bolster their sustainability initiatives, or risk irreversible damage to the environment, and by extension, fall behind in today’s highly competitive market.
