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Mid-market businesses around the world want to accelerate their ESG and sustainability journey. But they’re going to need support to do so. Peter Bodin, CEO at Grant Thornton International Ltd, outlines his point of view on what governments, policymakers and standard-setters need to do to enable the mid-market segment to play its part in achieving the COP26 goals.

‘Uneven’ is how we described the impact of COVID-19 on different mid-market industries – both when assessing initial destruction in H1 2020 and the early recovery in H2 2020. Midway through 2021, it is really encouraging to see some of that unevenness disappear and more industries participating in the overall recovery.

Six months ago, our global research led us to conclude that there was a ‘once in a generation’ opportunity for businesses to grow internationally. Normal opportunities bring the mid-market running. Once a generation opportunities bring a stampede, and this is exactly what has happened. A massive 45% of the global mid-market now expect their exports to increase in the next 12 months.

With COVID-19 related lockdowns and travel restrictions persisting in many parts of the world, airline operators, airports, lessors and support businesses are still in a precarious position.

For many businesses, 2020 was a year of turmoil. But for technology firms, it was a year of high growth potential.

For years, flexible working has been high on the agenda for companies looking to promote more women into senior management. With an enforced switch to remote working driven by COVID-19, there has been a seismic shift in attitudes to the potential and challenges of flexible practices. But will these changes become embedded in businesses?

Insightful and objective solutions to the challenges facing businesses today