Telefónica supports the launch of the 'PYMEs Climate Hub' platform, a pioneering international initiative that aims to engage and promote the challenge of climate change among small and medium-sized enterprises.
This project helps SMEs through a one-stop shop that provides access to practical tools and resources to mitigate their environmental impact, information on business incentives and to be officially recognised by the United Nations as part of the Race to Zero initiative.
Halving emissions by 2030 is essential to achieve climate neutrality in time.
To this end, all companies, regardless of their sector or size, have an important role to play. Spain today has more than 1.3 million SMEs employing 8.5 million people according to the latest data published by the Ministry of Labour and Social Economy. The aim of the launch of this nationwide campaign is to ensure that the initiative reaches as many companies as possible, both large and SMEs, so that the latter can use the platform, benefiting from the resources that will be offered free of charge, to adopt climate measures immediately.
More than 2,300 companies from 80 countries are already part of the initiative and we hope that many more will now join from Spain and Latin America. Businesses and governments around the world need to commit to a zero net emissions future.
The "PYMEs Climate Hub" platform is a global initiative founded by We Mean Business Coalition, the International Chamber of Commerce (ICC), Exponential Roadmap Initiative and the United Nations Race to Zero campaign.
At a global level, Telefónica has been using the international platform (SME Climate Hub) to help SMEs in its supply chain to reduce emissions. The company's commitment is to reduce its emissions in the value chain (Scope 3) by 39% by 2025.
The multinational's support for small and medium-sized enterprises has also led it to launch with the British Chambers of Commerce a free online centre for UK companies to find all the information, tools and support they need to become net zero.
Maya Ormazabal, director of Environment and Human Rights at Telefónica
Telefónica is firmly committed to SMEs joining digitalisation and thus helping them to reduce their carbon footprint. At the same time, they can use the 'PYMES Climate Hub' to calculate and report on their carbon footprint, thus highlighting their climate commitment. Although it requires a change of mindset and a lot of effort, the digital and green transformation will help them develop resilience and gain a competitive advantage in their business.
