As per the UAE Ministry of Economy, more than 94% of businesses in the UAE are small and medium-sized enterprises (SMEs). These entities are vital in implementing sustainable development goals set by the UAE that will also support cost savings, heightened efficiency, and enhanced brand credibility for SMEs.
To address global challenges such as climate change, poverty, and inequality, the country has identified 17 Sustainable Development Goals (SDGs) and has set out on a significant journey towards becoming one of the world’s leading sustainable nations by 2050. Small and medium-sized enterprises (SMEs) are positioned to significantly continue the advancement of these SDGs, especially in the domains of energy efficiency, waste reduction, and sustainable transportation.
Energy Efficiency
Included in the UAE sustainability agenda, energy efficiency is targeted by a 40% reduction in energy consumption by 2050. SMEs can actively contribute by embracing energy-efficient practices including LED lighting, HVAC system upgrades, and the adoption of energy management systems.
Waste Reduction
Aiming to divert 75% of waste from landfills by 2021, tackling waste reduction is another focal point for the UAE. SMEs can make significant strides in this area by implementing sustainable waste management techniques such as recycling, composting, and waste-to-energy solutions. It’s advisable for small to medium businesses to institute designated bins for paper and e-waste within their premises. Establishing partnerships with waste management entities like Emirates Crescent can ensure proper collection and disposal procedures.
Sustainable Transportation
With a target to increase public transportation usage to 30% by 2030, the UAE underscores the importance of sustainable mobility. SMEs can promote sustainable commuting practices by incentivizing employees to use public transport, carpool, and adopt electric vehicles. Offering discounted transit passes and installing charging stations can help SMEs reduce their carbon footprint and align with the UAE’s sustainability goals, thereby reducing their carbon footprint.
Final thoughts
In conclusion, SMEs wield substantial influence in propelling the UAE towards its sustainable development goals. By embracing environmentally friendly practices, SMEs reap benefits such as cost reduction, operational efficiency, and enhanced brand reputation.
UAE’s vision of becoming a global sustainability leader by 2050 can be realized through a collaborative effort.
