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    Small businesses and the environment: turning over a new leaf?

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    Authors
    Revell, Andrea
    Stokes, David
    Chen, Hsin
    Issue Date
    2009-02-16
    Subjects
    environmental management
    environmental policy
    owner-manager
    SMEs
    sustainability
    
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    Abstract
    Previous studies on the environmental practices of small and medium-sized enterprises (SMEs) in the UK and beyond have portrayed owner-managers as laggards who underplay their firm's environmental impacts and resist environmental management due to its perceived cost. Yet a recent cross-sector survey of 220 UK SMEs suggests that this intransigent stance may be slowly changing. Responses indicate a high percentage of owner-managers actively involved in recycling, energy efficiency, responsible buying and selling, and efforts to reduce their carbon emissions. Owner-managers saw it as their responsibility to help solve environmental problems and were reportedly willing to accept the costs of tougher environmental regulations and taxation. Business owners were motivated not just by the 'push' of legislation and environmental concern but by the 'pull' of potential cost savings, new customers, higher staff retention and good publicity for their firms. The survey also found that owner-managers had resonance with the Stern Review's (2006) conclusions that the benefits of strong early action on climate change outweigh the costs, and that a transition to a low-carbon economy will bring opportunities for business growth. This indicates that SMEs may be coming round to the idea that there is a business case for sustainability, although there is still some scepticism on the overall profitability of environmental action.
    Citation
    Revell, A., Stokes, D., Chen, H. (2009) 'Small businesses and the environment: turning over a new leaf?'. Business Strategy and the Environment 19 (5), pp. 273-288
    Journal
    Business Strategy and the Environment
    URI
    http://hdl.handle.net/10547/222470
    DOI
    10.1002/bse.628
    Additional Links
    http://doi.wiley.com/10.1002/bse.628
    Type
    Article
    ISSN
    0964-4733
    1099-0836
    ae974a485f413a2113503eed53cd6c53
    10.1002/bse.628
    Scopus Count
    Collections
    Business and Information Systems Research Centre (BISC)

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