ESG action downgraded as a priority by SMEs
Almost three quarters (71%) of SME businesses are not currently acting to reduce their carbon emissions, as Environmental, Social, and Governance (ESG) performance is downgraded and digitalisation, employee wellbeing, cost inflation, and recruitment take priority.
The latest Azets SME Barometer Spring 2022, which surveyed 1,093 SMEs from all sectors in the UK, Denmark, Finland, Norway, and Sweden, reveals ESG is on most company radars but specific action lacks urgency, with sharper focus on people, technology, and cost amid economic turbulence.