Malta Chamber of SMEs launches free ESG advisory services

Awareness raising campaigns and one-to-one meetings are now available freely to members to support them in their ESG journey.

The Malta Chamber of SMEs has launched the Free Advisory services on Environmental, Social and Governance related initiatives aimed at SMEs wanting to transition towards the ESG goals. The service will consist of awareness events and also one-to-one dedicated meetings to those wishing to start working on the topic or do more.

Although a number of businesses are interested to transition, smaller businesses might not always have the internal resources and knowledge to do it on their own. The Free ESG advisory services will contribute towards assisting these business, when it comes to resources and expertise.

The advisory meetings will be held together with WEAVE Consulting, a certified ESG Expert able to provide recommendations and bespoke guidance to businesses.

During the launch of this new service, the Minister for the Environment, Energy and Enterprise Miriam Dalli noted that “this initiative confirms that all stakeholders are recognising the importance of their role in our country’s ecological and digital transition for a more sustainable future”.

"Through this service, along with the support being provided by the government, enterprises have the necessary tools to continue working for continued prosperity and for more sustainable investments in our country," said Dalli.

Malta Chamber of SMEs CEO, Abigial Agius Mamo said: “Today’s launch is a clear commitment by the SME Chamber to assist SMEs in transitioning towards a more sustainable business model. We are proud to add ESG advisory to the list of free advisory services to our members, a topic which goes hand in hand with our core principles and values as an organisation. The European Commission has called for a just transition where nobody is left behind and the SME Chamber is doing its part to contribute to this ambitious target. The SME Chamber is proud to partner up with WEAVE Consulting, an established company which has been offering these services for over five years with a proven track record.”

WEAVE Consulting managing director, Dr Roberta Lepre said that this newly launched service will make it easier for SMEs to look into business opportunities available and identify key areas of improvement within their business. This will not only result in a more sustainable business model, but also make them more resilient to adapt to future regulatory requirements.

Malta Enterprise CEO, Kurt Farrugia, welcomed this initiative by the Chamber of SMEs: “The initiative complements the recent ESG Grant scheme announced by Malta Enterprise and will instigate more environmental consciousness among businesses while improving management structures and help create more inclusive workplaces. Through such initiatives we are pushing for the mainstreaming of ESG reporting. Additionally Malta Enterprise may also help on tangible projects which improve a stronger environmental performance by industry including the Smart and Sustainable Investment scheme, which can assist with up to €100,000 per such projects and the Investment Aid for Energy efficiency projects.”

Businesses wishing to make use of the Free ESG Advisory Service are encouraged to get in touch by sending an email on admin@smechamber.mt or phone on 2123 2881 for further information.