ESG LAB

<< Objectives >>ESG LAB educates SMEs in Blue Economy on ESG reporting, aligns operations with Green Deal, mentors 15 SMEs, builds ESG community of practice, promotes knowledge-sharing, and supports sustainable practices in business. The project also intends to build an ESG community of practice among the SMEs and stakeholders, promoting knowledge-sharing and support within their sector and locality. Overall, the ESG LAB project is a promising initiative to drive sustainable practices in the business community.<< Implementation >>ESG LAB has 4 activities: 1. Managing & Disseminating the ESG Lab in established Blue Economy Sectors, 2. Development of ESG Lab Content & Learning Material and tools (i.e.15 webinars, toolkit, ESG e-quiz, e-library, & database), 3.Establishment of a virtual Community of Practice with experts in established Blue Economy sectors, 4. Pilot Testing Mentoring (training on ESG reporting using the project's content &tools for 75 SMEs). The mentoring will help 15 SMEs implement ESG reporting strategy.<< Results >>The ESG LAB aims to increase awareness of environmental, governance, and social impacts of Traditional Blue Economy SMEs by promoting to them the benefits of ESG reporting and practices. By offering, free access to valid information, expertise knowledge and tools to SMEs Managers and staff is expecting a higher rate of understanding and adoption of ESG reporting from them, an increased upskilling of using ESG reporting templates and a better SMEs ethos towards them.