SMEs liable as suppliers under carbon price
A recent survey has provided a snapshot of some of the ways in which SMEs will be affected by the forthcoming carbon price.
In order to reduce their financial liability under the scheme, large corporations and organisations will want to measure the real carbon footprint of their business operations. And they will need to know the carbon emissions levels of the products and services delivered to them by their SME suppliers. Many of Victoria’s small and medium sized businesses will be forced to reduce their carbon emissions as the flow on impacts of the carbon take effect.
The Australian Institute of Management’s recent survey of business leaders and management personnel found that 58 per cent of participants believed that major polluters will require their SME suppliers to limit their carbon emissions. Support for this view was highest among CEOs and Board Members (65 per cent).
A growing number of major organisations that are supplied by SMEs will require them to have systems and plans in place to measure and reduce their carbon emissions. “SMEs need to be ready to meet that requirement,” said Susan Heron, the CEO of the Australian Institute of Management, Victoria and Tasmania Branch.
The survey, ‘Australia’s Carbon Tax’, attracted 936 participants across all industry sectors (including government). It found that there was little scepticism about climate science, with just 12 per cent of respondents, including only 3 per cent of CEOs and Board members, saying they don’t believe in global warming or carbon reduction measures.
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