02-10-2023 08:00

Climate hub provides businesses with easy tools to tackle their net zero journey

Nordea encourages customers to commit to net zero through the SME Climate Hub – a global platform that helps small and medium-sized businesses reach net-zero emissions by 2050.

90% of businesses in the world are small or medium-sized, and their climate ambitions and concrete plans are therefore crucial in the transition to a more sustainable economy. While many of the large companies in the Nordics have progressed on their transition, smaller businesses struggle with getting started on their transition. Which is why Nordea has decided to nudge our customers to join the SME Climate Hub – a global platform designed to support small or medium-sized businesses in their journey towards net zero.     

Joining SME Climate Hub will help companies to reduce business risks and future-proof their business. It will also give a competitive advantage as investors, employees and customers can see how the company is taking action to tackle climate change and adopting climate goals. And beyond that it can help to grow the business and brand by attracting new customers. When joining the hub, businesses will commit to halving their emissions by 2030, achieve net zero by 2050 and report on their progress yearly. 

“Driving the transition is a common effort and we want to support our customers in reaching their targets, no matter the size,” says Nina Arkilahti, Head of Business Banking. “The hub brings much of the supportive tools and material that small and medium-sized business are in need of to successfully start their transition journey.” 


Driving the transition is a common effort and we want to support our customers in reaching their targets, no matter the size.

Nina Arkilahti, Head of Business Banking.

What the hub offers

Through the SME Climate Hub companies will get free access to:

  • Climate reporting tool aligned with CDP SME framework
  • Online course on small business climate action (Climate Fit by Cambridge University)
  • Hands-on and actionable support material with sector-specific checklists
  • Library of tools helping take concrete steps towards climate action (by Oxford University)
Go to the SME Climate Hub

Partners in the SME Climate Hub

The SME Climate Hub is a non-profit global initiative that empowers companies to take climate action and build resilient businesses for the future. The hub is an initiative of the We Mean Business Coalition, the Exponential Roadmap Initiative and the United Nations Race to Zero campaign in collaboration with Normative and the Net Zero team at Oxford University.

Participating businesses will also be counted in the United Nation’s Race to Zero campaign together with thousands of companies, cities, regions and financial, educational and healthcare institutions globally to reach net-zero emissions by 2050. So far 6,000 businesses have joined the SME Climate Hub.

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