OECD COP29 Virtual Pavilion

Implementing sustainability reporting requirements that work for SMEs

OnlineNov 19, 2024 | 12:30 PM - 2:00 PM

Data & tracking

Description

We need to unlock finance to enable SMEs around the world to meet their sustainability goals. Yet many small and medium-sized enterprises (SMEs) struggle with emerging reporting requirements that are complex and resource-intensive. This session will explore how reporting frameworks can be made more accessible and practical for SMEs, including micro-enterprises, so they can effectively communicate their sustainability performance to financing providers and supply chain partners without facing an undue reporting burden. It will feature new work by the OECD Platform on Financing SMEs for Sustainability on fostering convergence in sustainability reporting for SMEs. It will also highlight the importance of capacity building to help SMEs navigate emerging requirements and monitor progress in their sustainability performance.

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