SME Responses to Climate Change in Southeast Asia

SME Responses to Climate Change in Southeast Asia Synopsis

Micro-, small- and medium-sized enterprises (SMEs) account for approximately 97 per cent of all active business entities within the ASEAN region. They are an important contributor to both emissions generation and future reduction.

A recent large-scale, multi-country quantitative assessment was undertaken into how SMEs are dealing with climate change in Indonesia, Malaysia, the Philippines, Singapore and Vietnam. Most respondents reported a high level of concern about climate change.

Over 90 per cent of firms are currently undertaking measures to reduce emissions, albeit that they are typically simple steps such as reducing air conditioning and electricity, recycling or installing low-energy lighting.

Common intentions to deal with future extreme weather events include reducing emissions, developing a disaster plan, or reviewing business insurance policies.