A STEP FORWARD
Join The Global Community Of Business Leaders That Seek To Redefine Success In Business
To Make
It Easy
For All Businesses
This is one of the most basic truths in business. It follows that we ought to measure what matters most: the ability of a business to not only generate returns, but also to create value for its customers, employees, community, and the environment.
Participate In This Vision, The Red 2 Assessment Provides:
Standards
Credible, comprehensive, transparent, and ndependent standards of social and environmental performance that allow businesses to assess their overall impact.
Benchmarks
Publicly available benchmarks on corporate impact that allow businesses to compare their impact
Tool
Practical, easy to use tools to help businesses improve their impact over time.
Use
Simple,
Educational Tools To Assess, Compare & Improve Impact
Invite companies you work with to use the Red 2 Assessment to measure and manage their impact on workers, community, and the environment.
With benchmarking against over 50,000 businesses around the world on over 300 indicators, companies can see how they stack up against top performers like Certified Red 2 Corporations.
The Red 2 Analytics Is:
Confidential
Customizable
Comparable
Comprehensive
Free
No more
spreadsheets: Red2 Analytics is a data platform that
automatically aggregates and analyzes Red 2 Assessment data from the
companies you work wilh
With B Analytics, your team can easily track companies' performance
aeross time toward goals, and against similar businesses.
With B Analytics and the Red 2 Assessment, it's simple for you to
support companies in their journey towards having a more positive
The Red 2 Analytics Is:
Confidential
Customizable
Comparable
Comprehensive
Competitively Priced
Get a baseline of
your impact in
90MINS
The best way to improve your company’s impact is to first understand
where you are today on the full dimensions of sustainability.
About eesiBiz
eesiBiz, developed by IMPACTO in partnership with LekirTech, champions systematic, hands-on, and practical orientation of high-potential and export-ready SMEs on sustainability principles and their integration into business for resilience and growth. eesiBiz is supported by Three Digital Enablers, geared towards improving understanding, motivation, and skills for adoption and integration of sustainability principles, shaping rewarding, resilient and responsible businesses
CIMB-IMPACTO partnership delivers GreenBizReady’s Training and Capacity Building component, through a highly effective delivery model, where knowledge of sustainability for business and access to sustainable finance are introduced as both enablers and incentives for shaping sustainable SMEs
For more information, visit
www.cimb.com.my/greenbizready
The Role of SMEs for Sustainable Development
SMEs account for 97.3% or 645,136 of total business establishments in Malaysia (2011 Census)
SMEs also contributed 65.5% of total employment and 17.6% of total exports.
About 19.7% of total SMEs are women-controlled.
Average compounded annual growth rate (CAGR) of SMEs was 7.0%, which was higher than the 4.9% CAGR of the overall economy (2005-15)
77% of total SMEs are micro-enterprises, 20% are small-sized SMEs and 3% are medium-sized SMEs.
- SMEs form the critical base in the supply chains of large companies.
- MSMEs (collectively) may produce more pollution than big businesses.
- MSMEs are crucial in increasing incomes for the bottom 40 percent of the world’s population.
The Constraints of SMEs in Adopting Sustainability Principles
Low awareness on the importance of Sustainability
Low awareness of business owners of the benefits of Sustainability practices
Poor access to affordable financial resources
Inadequate and insufficient skills and management practises
Insufficient information to adopt and implement Sustainability
- Poor application of sustainability principles to the social, economic, & technical realities of small businesses.
- Poor knowledge of the negative impacts and competitive disadvantages of sustainability issues inherent in small businesses.
- Lack of foresight on the future of business landscape shaped by physical & transition risks of sustainability.
The Current Disposition of SMEs Towards Sustainability
What SMEs typically have to say about Sustainability?
Not Important, but we can explore
Our focus is on building a competitive and profitable business. Sustainability is akin to philanthropy or charity and its not mission-critical for business.
Important, but financially constrained
We do see the growing importance, especially as an 'expectation' from our stakeholder. However, we like to prioritise allocation of financial resources towards profitability generation and business growth.
Important, but technically contrained
We are convinced of the importance, for we see how sustainability risks can impact business performance and growth. However, we do not have the skill-sets as we as budgets to afford expertise
The Future Disposition of SMEs Towards Sustainability
Our Aspiration is to help progress SMEs from Level 1 to Level
3 in
Year One of Engagament
and to Level 4 by Year Three of Engagament
The Sustainable SMEs Inclusion Programme
DIRECTION
Clarity on the business
goals, and the role of sustainability to
further resilient and responsible growth
COMMITMENT
Formalised agreement of
commitment and responsibility of minimum 1-year [premature termination or
failing
commitment by SMEs will automatically impose commercial value of services
offered]
ALIGNMENT
Co-create ideas, adopt
plans
and
programmes through coordinated efforts over the agreed period of commitment
Location
Maxis Tower, Level 26, Kuala Lumpur City Centre, 50088 Kuala Lumpur
Lekir.Tech Block 3750, Persiaran Apec, Cyber 8, 63000 Cyberjaya, Selangor
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