UN-backed SME Climate Hub launches free carbon calculator to help cut emissions

It helps SMEs measure their emissions and identify emission hotspots, establishing a baseline towards halving emissions before 2030 and reaching net zero by 2050

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A new carbon calculator to help small and medium sized businesses (SMEs) reduce their carbon emissions has been launched.

The calculator, available for free through the UN-backed SME Climate Hub, helps SMEs measure their emissions and identify emission hotspots, establishing a baseline towards halving emissions before 2030 and reaching net zero by 2050.

Corporate value chain emissions, also called Scope 3 emissions, can account for up to 90% of a business’ emissions and these value chains often consist of SMEs, according to the SME Climate Hub.

In a recent survey it conducted, 63% of respondents said they did not feel they have the right skills to take the most robust climate action.

María Mendiluce, CEO of the We Mean Business Coalition, a founding partner of the SME Climate Hub said: “Small businesses have a substantial opportunity to build more resilient business foundations through climate action.

“It’s imperative businesses of all sizes are provided with the tools necessary to prioritise emissions reduction. We are proud the SME Climate Hub can help bridge this resource gap through tools like the Normative Business Carbon Calculator.”

The calculator has been developed by Normative, a carbon emission accounting engine and the data and software provider for the SME Climate Hub, with support from Google.org.

Kristian Rönn, CEO and Co-founder of Normative added: “We need to act now. The climate will not wait for us to be ready.

“We want to make measuring carbon emissions and joining the race to net zero accessible to everyone. This new tool is our second step towards engaging value chains across the world and we will continue to develop and push our technology to help businesses take climate action.”