Environmental, social, and governance (ESG) considerations have become ubiquitous for large, publicly traded corporations. But how important are sustainability initiatives for small and medium businesses (SMBs), and what policies and practices are they putting in place in this area?
In our new infographic, SMB Pathways to Sustainability, we provide insights on SMB attitudes, practices, and plans for ESG initiatives, based on findings from SMB Group’s SMB Business and Technology Priorities for 2023 survey. Sponsored by Amazon and Dell Technologies, this study surveyed 743 SMB decision-makers and influencers in SMBs (1-999 employees) and mid-market (1,000-2,500 employees) companies in November 2022. (For the sake of brevity, we refer to the entire sample as “SMBs.”) In
Some highlights from the SMB Pathways to Sustainability infographic include:
- Over half of SMBs surveyed agreed that “a strong ESG strategy and actions can help our business improve financial performance.
- Most SMBs consider sustainability but do not prioritize it as part of their company strategy.
- The top three sustainability initiatives that SMBs have implemented are operating an internal recycling program, reducing water and energy consumption, and purchasing more recyclable goods.
These are just a few of the insights provided in this infographic. Click here to read the full eBook. You can also find insights about other SMB trends in our ebook, SMB Business and Technology Priorities for 2023.
SMB Group provides technology vendors with complete research results, advisory, and content services to help drive successful strategies to engage with SMBs. If you’d like to learn more about these services, and how we can help support your path forward, please contact Lisa Lincoln, Director of Client Services at lisa.lincoln70@smb-gr.com.
© SMB Group 2023