Path for Growth in Sustainability Reporting for SMEs

This report serves as a guide for small and medium-sized enterprises (SMEs) on the topic of sustainability reporting. It outlines the current challenges that SMEs face in measuring and reporting their sustainability impacts, particularly in light of increasing pressures from larger enterprises and regulatory bodies. The document emphasizes the need for clearer, more accessible reporting standards tailored to the unique circumstances of SMEs. It details the importance of developing automated tools and infrastructure to facilitate easier data collection and reporting. The report also highlights the necessity of raising awareness among SMEs regarding the benefits of sustainability reporting, which can enhance their competitiveness and access to funding. Furthermore, it discusses the critical role of collaboration among industry leaders, governments, and standard setters to create a supportive environment for SMEs in their sustainability efforts. Concrete recommendations are provided to help SMEs navigate the complexities of sustainability reporting effectively.