Today North Coast Strategies joined the SME Climate Hub. The SME Climate Hub is an initiative founded by the International Chamber of Commerce, the Exponential Roadmap Initiative, the We Mean Business coalition, and the United Nations Race to Zero campaign, intending to support small and medium-sized businesses to build business resilience.
The SME Climate Hub encourages and supports small and medium-sized enterprises (SMEs) to commit to halving greenhouse gas emissions before 2030 and reaching net-zero emissions before 2050. We strive to create a tipping point for mainstreaming climate action across small and medium-sized businesses worldwide and help SMEs and global supply chains be more resilient.
The SME Climate Hub provides a one-stop-shop for SMEs to commit to climate action and access tools, incentives, and other resources designed to make it easier than ever for small and medium-sized businesses to cut carbon emissions, bring innovative green solutions to market and build business resilience while unlocking direct commercial advantages.
SMEs that make the SME Climate Commitment show their community and clients that they are committed to climate action. "The SME Climate Hub provides me with the opportunity to demonstrate our commitment to climate action publicly," said Daniel Cherrin, Founder + President of North Coast Strategies. "North Coast Strategies has seen the impact of the climate crisis first-hand and is working with companies focused on scaling climate solutions through carbon capture technologies, electric vehicle innovations, and carbon offset projects worldwide. North Coast Strategies is also a signatory of the United Nation's Global Compact.
According to the World Bank, SMEs make up 90% of businesses worldwide.
SMEs are vital to global supply chains: essential for the provision of goods and services around the world, the livelihoods of the billions of people employed by them, and the success of the global economy.
SMEs are essential for innovation and scaling the next generation of fossil-free, green solutions in energy, material, land, and food required for global decarbonization.
Yet, one of the most pressing existential threats to SMEs is climate change, which can slow economic growth by causing material damage; limiting resource availability; causing shifts in demand; leading to business interruptions and production disruptions; causing supply chain interference, and forcing business closures.