Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2177180
SMEs and carbon neutrality in ASEAN: the need to revisit sustainability policies
Naoyuki Yoshino
Ehsan Rasoulinezhad
Han Phoumin
Farhad Taghizadeh- Hesary
Sažetak
Most rules and regulations for protecting the environment and
reducing greenhouse gas emissions target large enterprises.
Although small and medium-sized enterprises (SMEs) have major
shares in most Asian economies, they remain outside the purview
of most environmental rules and regulations. The primary purpose
of this study is to assess the association between SMEs’ activities
and carbon emissions in the Association of Southeast Asian
Nations (ASEAN) countries from 2010 to 2020. To this end, a fully
modified ordinary least squares (FMOLS) model was developed.
The results show that SMEs’ activities do not align with environmental
protection goals and sustainable development, as the estimation
results revealed their significant contributions to CO2
emissions. Other practical implications of this study for carbonneutral
SMEs are introducing green finance policies, revisiting the
environmental and carbon reduction rules and regulations that
cover SMEs, and changing banks’ lending mechanisms based on
SMEs’ green economic performance.
Ključne riječi
Small and medium-sized enterprises; environmental protection; carbon neutrality; Association of Southeast Asian Nations; panel data; green SMEs
Hrčak ID:
306846
URI
Datum izdavanja:
30.4.2023.
Posjeta: 253 *