- July 26, 2021
- Posted by: Stratford Team
- Category: Business
Small may be beautiful when it comes to planetary impact but not necessarily when it comes to reducing those impacts. For a small or midsize company, the journey to net zero can be nearly as difficult as for the world’s largest companies.
The opportunity itself is no small thing. There are nearly 32 million small and midsize businesses in the United States — SMEs for short — defined as those with fewer than 500 employees, according to the U.S Small Business Administration. Together, they employ nearly half — 47.1 percent — of American workers. (True, those stats are from 2020, so there has been some pandemic-related carnage, yet to be measured, but it’s still a large number.) Globally, the World Bank estimates that as many as 90 percent of all businesses are SMEs, which it defines as those with up to 250 employees.
And while the big guys have their PwCs and ERMs and 1,001 other consultants and advisors — not to mention Wall Street-caliber…
