*Annexes available in Spanish
Increasingly, SMEs will have to face pressure to reduce their carbon footprint and report their alignment with Spanish and Europe's climate goals. Preparing a Climate Action Plan in advance will serve to strengthen their competitiveness and create new business opportunities.
Furthermore, eliminating the consumption of fossil fuels throughout their chain of activities also offers advantages for SMEs by reducing operating costs and, in general, increasing their resilience and self-sufficiency under future energy crises. According to a survey carried out by Climate Strategy with over 300 Spanish SMEs, 78% of them have suffered the impacts of the current energy crisis. Therefore, starting a decarbonization trajectory is essential to mitigate and avoid these types of risks.
In 2022, Climate Strategy & Partners presented at COP27 the first study on the progress of climate action in Spanish SMEs and their response to the impacts of the current energy crisis. This study includes an extensive best practice guide tailored for SMEs to develop and implement a science-based Climate Action Plan towards net zero emissions.
In 2023 Climate Strategy has worked on simplifying this guide to produce a new infographic that illustrates the 4 key steps that an SME ought to take to reduce its carbon footprint and associated costs such as energy consumption and other resources. This infographic also includes a series of annexes that facilitate access to free tools to support SMEs in each of these steps.
First Step: Calculating the carbon footprint
Second Step: Identify actions to reduce the company’s carbon footprint
Third Step: Identify the financing available to implement decarbonization actions
Step Four: Disclose annual progress on the decarbonisation trajectory