Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023
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A quantitative study was conducted covering 937 decision-makers from primarily small (22%) and medium-sized (67%) companies who are involved in ESG decisions. The study covered China, Hong Kong, India, Taiwan, Indonesia, and Singapore, connecting with approximately 150 people in each region.
Citation formats
Leading ESG implementation challenges for SMEs in Asia Pacific 2023
The primary challenge faced by small and medium-sized enterprises (SMEs) when implementing environmental, social, and corporate governance (ESG) related initiatives was the ability to coordinate ESG with internal business growth targets. The cost of development was the * most prominent challenge, as ** percent of SMEs noted this difficulty.
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Bloomberg. (March 28, 2023). Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg. "Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023." Chart. March 28, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg. (2023). Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg. "Leading Environmental, Social, and Corporate Governance (Esg) Implementation Challenges for Small and Medium-sized Enterprises (Smes) in Selected Countries of Asia Pacific in 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 28 Mar 2023, /statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
Bloomberg, Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023 ÌÇÐÄÆƽâ°æ, /statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/ (last visited July 29, 2026)
Leading environmental, social, and corporate governance (ESG) implementation challenges for small and medium-sized enterprises (SMEs) in selected countries of Asia Pacific in 2023 [Graph], Bloomberg, March 28, 2023. [Online]. Available: /statistics/1384437/leading-esg-implementation-challenges-for-smes-in-selected-countries-of-asia-pacific/
