Sustainability simplified for SMEs
Sustainability is no longer a choice—it’s a business necessity. With growing consumer expectations, regulatory requirements, and financial pressures, small and medium-sized enterprises (SMEs) must take steps to future-proof their operations. However, sustainability doesn’t have to be overwhelming. By focusing on practical, measurable actions, SMEs can integrate sustainability in a way that benefits both the environment and their bottom line.
Why sustainability matters for SMEs
Sustainability in business is about balancing environmental responsibility, financial resilience, and regulatory compliance. It involves reducing emissions, improving resource efficiency, and ensuring long-term growth in a way that makes economic sense.
With new EU regulations, including the Corporate Sustainability Reporting Directive (CSRD), some SMEs will now be required to disclose their sustainability performance in line with structured reporting standards. The European Financial Reporting Advisory Group (EFRAG) has developed the European Sustainability Reporting Standards (ESRS) to help businesses navigate these changes. While only listed SMEs are currently required to comply, other SMEs should prepare as sustainability reporting becomes the norm across supply chains and investment decisions.
Key areas to focus on:
Environmental impact
Reducing waste, improving energy efficiency, and integrating sustainable sourcing.
Financial resilience
Optimising operations, accessing sustainability grants, and building a strong ESG profile.
Regulatory compliance
Understanding CSRD requirements and aligning with EFRAG’s reporting standards to future-proof the business.
How ifac Can Help
At ifac, we understand that SMEs often lack the time and resources to navigate sustainability on their own. We provide clear, practical guidance on:
Assessing your current sustainability position
Identifying cost-effective opportunities for improvement
Helping listed SMEs meet CSRD and ESRS requirements
Preparing non-listed SMEs for future sustainability expectations
With tailored support and data-driven insights, we help SMEs take action in a way that is both practical and profitable.
Sustainability doesn’t have to be complex. By taking small, strategic steps, SMEs can reduce costs, strengthen their market position, and stay ahead of regulatory changes like CSRD. With the right approach, sustainability becomes an opportunity—not a challenge.
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