Climate and policy driven supply chain shocks could prove existential for SMEs

We are standing on the edge of a sustainability industrial revolution that will go deeper and faster than any before it, writes HSBC's Natalie Blyth. SMEs the world over have been facing a torrid time. Buffeted by trade wars, lockdowns and supply chain chaos, they're now braced for soaring inflation and falling consumer confidence. They could be forgiven, therefore, for staying focussed on the short-term. However, this could prove costly: well-meaning sustainability measures are set to trigger a raft of upstream supply chain shocks that could be existential. Take climate. Since ear...