To finance their green transition, small businesses need access to external financing, financial and non-financial support, as well as frameworks and tools for bridging sustainability-related data and reporting challenges. Yet many small and medium-sized enterprises (SMEs) struggle with complex and resource-intensive emerging reporting requirements that hinder their ability to effectively communicate their sustainability performance to finance providers and supply chain partners.
This session will explore how reporting frameworks can be made more accessible and practical for SMEs, including micro-enterprises. It will feature new work by the OECD Platform on Financing SMEs for Sustainability on sustainability reporting, highlighting the importance of capacity building to help SMEs navigate emerging requirements and monitor progress in their sustainability performance. This session marks the launch of a new global multi-stakeholder dialogue hosted by the OECD on fostering convergence in SME sustainability reporting.
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