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A metric for corporate environmental indicators … for small and medium enterprises in the Philippines

Author

Listed:
  • Purba Rao
  • Alok Kumar Singh
  • Olivia la O'Castillo
  • Ponciano S. Intal
  • Ather Sajid

Abstract

This paper is an outcome of the empirical research, funded by UNDP Philippines and National Economic Development Authority (NEDA), done to establish and implement a metric of corporate environmental indicators for SMEs in the Philippines. SMEs have always played a vital role in the creation of goods and services in the country. It is therefore imperative that SMEs adhere to safe environment practices so that the greening of industries in this region is consummate. In this research we have considered SMEs operating in the food and beverage, furniture, fashion accessories, hotel and restaurant, automotive parts and electroplating sectors. The metric adopted in this research follows the framework given by the Federal Environmental Ministry in Bonn and the Federal Environmental Agency in Berlin. The empirical approach develops an exploratory analysis and a structural equation model to bring out statistically significant linkages between five latent constructs: environment management indicators, environment performance indicators, environmental performance, business performance and competitiveness. The research hopes to urge SMEs to implement this metric with confidence given that this would not only enhance their environmental performance but also lead to superior business performance and enhanced competitiveness. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Purba Rao & Alok Kumar Singh & Olivia la O'Castillo & Ponciano S. Intal & Ather Sajid, 2009. "A metric for corporate environmental indicators … for small and medium enterprises in the Philippines," Business Strategy and the Environment, Wiley Blackwell, vol. 18(1), pages 14-31, January.
    • Handle: RePEc:bla:bstrat:v:18:y:2009:i:1:p:14-31
    DOI: 10.1002/bse.555
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    1. Johan Graafland & Hugo Smid, 2016. "Environmental Impacts of SMEs and the Effects of Formal Management Tools: Evidence from EU's Largest Survey," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 23(5), pages 297-307, September.
    2. Chrisovalantis Malesios & Prasanta K. Dey & Fuad Ben Abdelaziz, 2020. "Supply chain sustainability performance measurement of small and medium sized enterprises using structural equation modeling," Annals of Operations Research, Springer, vol. 294(1), pages 623-653, November.
    3. Marcus Linder & Joakim Björkdahl & Daniel Ljungberg, 2014. "Environmental Orientation and Economic Performance: a Quasi‐experimental Study of Small Swedish Firms," Business Strategy and the Environment, Wiley Blackwell, vol. 23(5), pages 333-348, July.
    4. Thiago José Loçurdo Costa & Reginaldo Fidelis & Luciano Munck & Diogo José Horst & Pedro Paulo De Andrade Junior, 2023. "Using the OKR Method and Fuzzy Logic to Determine the Level of Sustainability in Restaurants," Sustainability, MDPI, vol. 15(7), pages 1-23, March.
    5. Celso Lopes & João Leitão & Juan Rengifo-Gallego, 2022. "Place-Branded Foods with Responsible and Sustainable Management: A La Carte Serving in Regional Restaurants," Sustainability, MDPI, vol. 14(11), pages 1-28, May.
    6. Steffen Maas & Tassilo Schuster & Evi Hartmann, 2014. "Pollution Prevention and Service Stewardship Strategies in the Third‐Party Logistics Industry: Effects on Firm Differentiation and the Moderating Role of Environmental Communication," Business Strategy and the Environment, Wiley Blackwell, vol. 23(1), pages 38-55, January.
    7. Matthias S. Fifka & Maria Drabble, 2012. "Focus and Standardization of Sustainability Reporting – A Comparative Study of the United Kingdom and Finland," Business Strategy and the Environment, Wiley Blackwell, vol. 21(7), pages 455-474, November.
    8. Chrisovalantis Malesios & Antonis Skouloudis & Prasanta Kumar Dey & Fouad Ben Abdelaziz & Apostolos Kantartzis & Konstantinos Evangelinos, 2018. "Impact of small‐ and medium‐sized enterprises sustainability practices and performance on economic growth from a managerial perspective: Modeling considerations and empirical analysis results," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 960-972, November.
    9. Matthew P. Johnson, 2015. "Sustainability Management and Small and Medium‐Sized Enterprises: Managers' Awareness and Implementation of Innovative Tools," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 22(5), pages 271-285, September.
    10. J. Emil Morhardt, 2010. "Corporate social responsibility and sustainability reporting on the Internet," Business Strategy and the Environment, Wiley Blackwell, vol. 19(7), pages 436-452, November.
    11. Dan Wang & Ruishi Si & Shah Fahad, 2023. "Evaluating the small and medium sized enterprises motivating factors and influencing barriers about adoption of green practices," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(4), pages 3029-3041, April.
    12. John Kamanzi & G.S. Namusonge & Ndabaga Eugene, 2018. "Influence of Innovation on Growth of Women Micro Businesses in Bugesera District," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(1), pages 24-42, January.
    13. Junia A. Purwandani & Gilbert Michaud, 2021. "What are the drivers and barriers for green business practice adoption for SMEs?," Environment Systems and Decisions, Springer, vol. 41(4), pages 577-593, December.
    14. Marta Negri & Enrico Cagno & Claudia Colicchia & Joseph Sarkis, 2021. "Integrating sustainability and resilience in the supply chain: A systematic literature review and a research agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 2858-2886, November.
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