Sustainability and SME

Sustainability refers to the ability to maintain or improve systems and processes indefinitely without depleting natural resources, harming the environment, or compromising the ability of future generations to meet their needs. It encompasses a holistic approach that integrates three core elements: environmental, social, and economic sustainability.

Which are the Core Elements of Sustainability?

Which are the Key Principles of Sustainability?

What are the benefits of sustainability?

List of few Examples of Sustainable Practices

Tracking and Measuring Sustainability

Organizations often use frameworks and tools to measure and report their sustainability performance. Common frameworks include:

What is the awareness level of sustainability with respect to SME?

Awareness Levels: According to various surveys and reports, awareness of sustainability practices among SMEs/MSMEs in India is increasing, but there is still significant room for improvement. A study by the World Bank indicated that only about 40% of Indian SMEs are aware of sustainable business practices. Another survey by the Federation of Indian Chambers of Commerce & Industry (FICCI) found that 35% of SMEs have a basic understanding of sustainability concepts.

How Many SME's appointed Chief sustainability officer??

Appointment of Chief Sustainability Officers (CSOs): The number of SMEs/MSMEs that have appointed a Chief Sustainability Officer or an equivalent position is relatively low. Industry estimates suggest that less than 10% of Indian SMEs have such dedicated roles, primarily due to resource constraints and the perception that sustainability is not yet a critical business function for smaller enterprises.

What are the Difficulties in Adopting Sustainability?

How Consulting companies helps SMEs/MSMEs Adopt Sustainability?

What are the benefits SME's will get after adopting Sustainability framework?

?How SME's can focuss on sustainability practice?

To effectively present and explore the four areas of sustainability efforts—Action and Policy Research, Training and Capacity Building, Customized Advisory Services and Technical Assistance, and Multi-Stakeholder Knowledge Fora.

Let’s discuss about Customised Advisory Services and Technical Assistance

Customised advisory services and technical assistance help businesses and organizations integrate sustainability into their strategic, managerial, and operational levels.

Service Area Description Benefits for SMEs/MSMEs

Please share your perspectives , so all SME's will get benefitted which will directly/indirectly contribute to achieving India's dream of 3rd largest economy in the world.

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