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How to become a sustainable SME?



For a micro, small, or medium-sized enterprise (SME) to be sustainable, it must integrate practices that ensure its economic viability, social responsibility, and environmental respect.

At CELIEM, we are committed to ensuring that our training programs and the business support model promoted by CIE ULatina foster these three sustainability pillars in the SMEs we assist: economic, social, and environmental. Learn how to begin integrating these elements into your business:
Applying the economic pillar
  • Efficient financial management: Maintain strict control over costs and revenues to assess risks and make informed decisions, ensuring long-term profitability.
  • Investment value: Avoid spending all business-generated income. Instead, create an investment plan to measure returns and set timelines for reinvestment, such as creating new departments, launching products, purchasing equipment, or expanding infrastructure.
  • Innovation and adaptability: Implement technology and adapt to market changes to maintain competitiveness.

Creating social impact

  • Fair working conditions: Offer appropriate wages, safe working environments, and professional development opportunities for employees.
  • Community engagement: Get involved with the local community, support social initiatives, and contribute to societal well-being to enhance social commitment.
  • Equality and diversity: Promote gender equality and diversity policies in the workplace, as well as with partners and suppliers.
Respecting the environment
  • Efficiency: Implement practices to reduce energy and water consumption, and use reusable packaging for products.
  • Waste management: Minimize waste generation and promote recycling and material reuse.
  • Carbon footprint reduction: Adopt measures to lower greenhouse gas emissions and mitigate the environmental impact of operations.

At CELIEM, we know that integrating these practices not only helps SMEs become more sustainable but also enhances their reputation, attracts customers and employees committed to sustainability, and opens new business opportunities.
If you want to join our business support programs, complete this form by creating an account and selecting the CIE call: https://celiem.charly.io/auth/sign_in.
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Latin American Center for Innovation and Entrepreneurship (LACIE)

La Paulina, Montes de Oca. San Jose, Costa Rica
Email: celiem@celiem.org
Tel: +506 4000.2985

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