Climate Change and the Sustainable Small and Medium-Sized Enterprises

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Author(s): Vanessa Gaffar (Universitas Pendidikan Indonesia, Indonesia)and Tika Koeswandi (Universitas Pendidikan Indonesia, Indonesia)
Copyright: 2021
Pages: 19
Source title: Handbook of Research on Climate Change and the Sustainable Financial Sector
Source Author(s)/Editor(s): Odunayo Magret Olarewaju (Durban University of Technology, South Africa)and Idris Olayiwola Ganiyu (York St. John University, UK)
DOI: 10.4018/978-1-7998-7967-1.ch011

Keywords: Accounting and Finance / Business Science Reference / Environment & Agriculture / Sustainable Development

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Abstract

Small and medium-sized enterprises (SMEs) play an essential role as the key driver in national economic resilience. In developing countries, they contribute to most of the GDP every year. Like a coin with two sides, the rise of SME productivity accidentally caused the increase in global pollution. Now, the SMEs are urged to adjust and set the best strategies to encounter the circumstances. This chapter shares a broader perspective, literature studies, and documentary analysis on the definition and category of SMEs, the involvement of United Nations' Sustainable Development Goals (SDGs), green practices and strategies, and the issue of building sustainable SMEs in relation with climate change. It is also completed with some case studies in SMEs in Indonesia, Africa, United Kingdom, and many more. The chapters set the tone for the rest of the chapters examining the implications of the issues discussed for climate change and the sustainable financial factor.

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Climate Change and the Sustainable Small and Medium-Sized Enterprises

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