Sustainable Society Index

Canadian SMBs most likely to struggle with understanding ESG reporting standards

Retrieved on: 
Giovedì, Novembre 16, 2023
Sustainability, SME, Sustainable Society Index, International, International Chamber of Commerce, Clutch (eggs), Commerce, Growth, Ecosystem, Luigi, ICC, Tech, PwC, Partnership, Geography, HR, Strand, ESG, Creative industries, Renewable energy, Sage

Given that SMBs makeup 97% of Canadian businesses , they play a critical role in society’s path to sustainability.

Key Points: 
  • Given that SMBs makeup 97% of Canadian businesses , they play a critical role in society’s path to sustainability.
  • The data reveals Canadian SMBs are acutely interested in enhancing their sustainable business practices but struggle with the complexities of the process.
  • Two in five Canadian SMBs feel they have made substantial progress in measuring impact, but are still making improvements.
  • Despite the barriers, 67% of Canadian SMBs do have environmental, social or sustainability-related policies on how they conduct business activities.