How we help small businesses get started with their net-zero plans

While many larger companies in the Nordics are quite far with integrating sustainability into their business, smaller companies often find it challenging to get started. How to measure and report, which targets make sense for a smaller company and how to plan accordingly. Larger companies can often hire ESG expertise or outsource part of the work to consultants, but for smaller companies with limited resources this can seem like an unclimbable mountain.

At Nordea, we are therefore continuously expanding our products and services, so it becomes easier for businesses to get started.

Our collaboration with SME Climate Hub enhances the range of tools and support available. The SME Climate Hub is a non-profit global initiative that helps small and medium-sized enterprises transition to a net zero future. When companies join the hub, they commit to halving their emissions by 2030 and to becoming net zero by 2050 at the latest. In return, they gain access to online reporting tools, support materials and courses to help them get started.

Another useful tool is the Business Carbon Calculator, which we offer together with our partner Normative. The calculator is optimised for SMEs operating in a single market and is free to use. For larger companies with more complex needs, Normative offers a fee-based version with increased data granularity and tailored reduction planning with support from their climate experts. Normative's fee-based products and services are available at a discount to all Nordea customers.