The primary challenge faced by small and medium-sized enterprises (SMEs) when implementing environmental, social, and corporate governance (ESG) related initiatives was the ability to coordinate ESG with internal business growth targets. The cost of development was the second most prominent challenge as 35 percent of SMEs noted this difficulty.
Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023
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Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023
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A quantitative study was conducted covering 937 decision-makers from primarily small (22%) and medium-sized (67%) companies who are involved in ESG decisions. The study covered China, Hong Kong, India, Taiwan, Indonesia, and Singapore, connecting with approximately 150 people in each region.
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Bloomberg. (March 28, 2023). Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023 [Graph]. In Statista. Retrieved May 31, 2025, from https://www.statista.com/statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg. "Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023." Chart. March 28, 2023. Statista. Accessed May 31, 2025. https://www.statista.com/statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg. (2023). Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023. Statista. Statista Inc.. Accessed: May 31, 2025. https://www.statista.com/statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg. "Leading Environmental, Social, and Corporate Governance (Esg) Implementation Challenges for Small and Medium-sized Enterprises (Smes) in Selected Countries of Asia Pacific in 2023." Statista, Statista Inc., 28 Mar 2023, https://www.statista.com/statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg, Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023 Statista, https://www.statista.com/statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/ (last visited May 31, 2025)
Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023 [Graph], Bloomberg, March 28, 2023. [Online]. Available: https://www.statista.com/statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
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