Article
Focus on Enterprises in Southeast Asia
Supporting SMEs to sustainability
SMEs dominate Southeast Asian economies, driving job creation and innovation. However, green processes pose a challenge due to focus on short-term profitability, lack of leadership and resources.
Small and medium-sized enterprises (SMEs) make up the majority of Southeast Asian economies and account for nearly half of the region’s GDP. Together, they play an important role in job creation, innovation and economic growth. As Southeast Asian economies continue to grow and develop, SMEs have become key drivers of economic growth. However, the green process in the SME region remains a challenge. Most SMEs focus on survival and short-term profitability and day-to-day operations rather than long-term sustainability and opportunities in a green economy, citing a lack of strong leadership to drive the business case, expertise, resources and funding as the as key barriers.
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Supporting SMEs to Sustainability
