Sustainability Meets Growth 2025

Page 6 of 27 · WEF_Sustainability_Meets_Growth_2025.pdf

Scope 1, 2 and 3 emissions for selected industries FIGURE 1 Scope 1 Scope 3 Scope 20% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%Cement and concr ete Transport services and logistics Paper and pulp Metals and mining Other materials Chemicals Biotech, healthcar e and pharma Food and beverage pr ocessing Appar el Construction Light manufacturing Transport OEMs Electric and electr onic manufacturing Power ed machinery Sour ce: Extracted from CDP and Capgemini Invent. (2023, July). From str oll to sprint: A race against for corporate decarbonization; CDP. (2022). CDP, CDP T echnical Note: Relevance of scope 3 categories by sector . An important takeaway is that to reduce industry emissions effectively, companies must address their Scope 3 emissions. For those with the majority of emissions in the Scope 3 upstream category, this will require active engagement with their suppliers. SMEs and mid-sized companies play a significant role in the supply chain of many large corporations, making it essential for those aiming to reduce their carbon footprint to integrate SMEs and mid-sized suppliers into their decarbonization strategies. In 2024, the World Economic Forum launched the SME Sustainability Accelerator in collaboration with Schneider Electric to support manufacturing SMEs and mid-sized companies in accelerating the sustainability transformation. Drawing on insights from a global survey with 60 SMEs and mid-sized companies and interviews with industry and policy experts, the following sections outline an SME’s roadmap for integrating sustainability into corporate strategies as well as key support mechanisms and resources to help SMEs and mid-sized manufacturers succeed in this transition. Sustainability Meets Growth: A Roadmap for SMEs and Mid-Sized Manufacturers 6
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