Clients & Climate Change – Threat and Opportunity?

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AGN Global Business Voice: Business Alert

The dust has long settled on COP 26, but in November 2021, the world focused on the Glasgow climate conference, temperature change targets, and carbon and methane emissions.

Many states signed up to new targets, global business was scrutinized, and commitments were made to change consumer behaviour – all strategies designed to drive down global warming. But astonishingly, little was said about engaging small to medium-sized enterprises (SMEs) in these grand plans.

In February this year, the United Nations Intergovernmental Panel on Climate Change (IPCC) released its 2022 update on the state of the planet. The news is not good, with more data showing the planet’s warming, biodiversity decreasing, sea levels rising, and extreme weather growing more common.

In this edition of the AGN GBV: Business Alert, we probe our global panel of business advisers on how SME clients are responding to the climate change agenda. What are their strategies, and how are they reacting commercially? We also explore the view that accountancy firms are ideally placed to support SME clients grasp the climate change challenge.