Small Mid Enterprises hold the key to Nation's Net Zero Commitments
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Small Mid Enterprises hold the key to Nation's Net Zero Commitments
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India's Small and Mid-size enterprises (MSME) play a critical role on its journey to Net Zero. Based on its approved NDCs, India now stands committed to reduce Emissions Intensity of its GDP by 45 percent by 2030. MSME sector contributes close to 30% of India’s GDP. MSME products and services contributes close to 50% to the total export India does. MSMEs are part of the value chain for large companies. From carbon accounting perspective, they contribute to companies, scope 3 emissions, which in many industries accounts for almost 60 to 70% of companies total carbon footprint. In this episode Dr. Ravindra has put some light on MSME's path towards adopting sustainable practices, the role Industry and technology play in this sector's transition towards sustainability.