"Sustainable SMEs need capital to survive and should be rewarded with easier access to capital and favorable terms not only for their better than average credit profiles, but for their commitment to furthering global sustainability.
Somerville, NJ (PRWEB) June 01, 2015
Fewer small and mid-sized companies (SMEs) in the US that are committed to sustainability are considered “high risk” when compared to the population of active US-based businesses as a whole, according to a recent study conducted by Dun & Bradstreet and HealRWorld LLC, a new data company that created a global database of sustainable small and mid-sized companies.
Specifically, the study found that 21% of active businesses in the US are characterized as “higher risk,” while only 3% of sustainable businesses fall in this category. Higher risk is defined as a company’s likelihood of ceasing operations or becoming inactive.
"We started HealRWorld to further the growth of sustainable business and consumption globally, and I can’t think of a better way to help than to bring market awareness to our data that demonstrates the better-than-average credit profiles of SMEs dedicated to supporting a triple bottom line," said Michele Bongiovanni, CEO of HealRWorld (http://www.healrworld.com).
"SMEs need capital to survive, so it’s encouraging to see that the data shows a positive correlation between a commitment to global sustainability and better-than-average credit profiles,” added Bongiovanni.
A comparison of the US-based SMEs in the HealRWorld Global Sustainability Database against the data of Dun & Bradstreet revealed that there were more than 30% more sustainable women-owned businesses than there were general women-owned businesses—which substantiates the growing interest in sustainability by women-led businesses.
The initial study focused on US-based businesses, but the intent is to run similar studies globally to prove that sustainable business is “good business” around the world. In addition to its global database, HealRWorld will be launching a business-to-business community later this year to bring together sustainable businesses globally in a robust knowledge-share platform, in addition to delivering premium geo-analytic S-a-a-S capabilities through their strategic partnership with Gavurin LLP (http://www.gavurin.com) based in Newcastle, England.
“We have heard directly from the marketplace that companies are trying to commit to sustainability, but really are in the initial stages and crave best practices from others, knowledge and information to help them reach their sustainable business goals. We seek to bring together the large corporations and small and mid-sized businesses (for-profit and non-profit), along with global thought leaders and certifiers of sustainability to create a platform for dialogue and sharing,” said Bongiovanni.
The study utilized Dun & Bradstreet’s (http://www.dnb.com) global commercial database, which was also licensed to HealRWorld to help establish the HealRWorld Global Sustainability Database™.
HealRWorld™ is a global big data platform that aggregates sustainability information (People, Planet, and Profit) and credit data throughout the global business ecosystem with a unique emphasis on small and mid-sized enterprises. Founded in 2012, our mission is to help Heal Our World by catalyzing the growth of sustainable business and consumption globally.
