banner

SME B1
580 Views

SA’s SME s go green


The small and medium enterprise (SME) market is considered a vitally important business segment as far as South Africa’s economy goes – and now it’s becoming an engine for sustainability as well. The SME Survey 2015 is expected to confirm that there is a growing maturity in the SME sector in its approach to green issues. The complete survey results are due out mid-year.

SME Survey is the original and largest representative survey of SMEs in South Africa and, since 2003, has contributed ground-breaking research into the forces shaping SME competitiveness.

According to Arthur Goldstuck, MD of World Wide Worx and principal researcher for SME Survey, the last time SMEs were asked whether sustainability was important to their businesses, the responses were extremely non-

Book to attend in June!

Book to attend in June!

committal.

“Around nine years ago, the Survey asked SMEs how important environmental sustainability was to them. The responses were so disinterested that we were unable to even provide a measurement in proportional terms. This indicated that, at that time, SMEs felt they had many concerns more important than green issues,” says Goldstuck.

“In the past, then, SMEs obviously viewed sustainability as more of a nice-to-have, rather than a necessity. However, since then, things have changed somewhat. This year, when asked whether green issues were important and whether they believed their businesses must operate in a sustainable fashion, an overwhelming majority said yes.”

A total of 86% of SMEs either agreed or strongly agreed on the importance of sustainability. In total, he adds, only 12% disagreed.

“This indicates a massive swing towards environmentally friendly approaches and is very encouraging news, coming from this sector. It demonstrates a growing awareness from SMEs of the fact that they do not live in a bubble. These entities are clearly beginning to consider the bigger picture and understand that their organisations need to play a part in driving environmental sustainability.”

Ethel Nyembe, head of Small Enterprise at Standard Bank says, “It is encouraging to see quite a number of SMEs being open-minded about adopting sustainable practices into their business operations. Now that SMEs understand the importance of sustainability and environmental responsibility, more needs to be done to help them incorporate these sustainable practices into their core business processes, regardless of their sector.”

“Furthermore, implementing sustainable business practices will give SMEs competitive advantages when dealing with larger corporates which now prefer suppliers that complement their sustainability objectives,” says Nyembe.

Goldstuck adds that part of the reason is the B-BBEE scorecard having the unexpected knock-on effect of driving businesses to become more aware of their responsibilities in terms of the environment.

“The B-BBEE legislation has forced many companies to look at their activities from a much broader perspective, and to think about the role and responsibilities of the business within their community and environment. They are realising that they can no longer just be in it for themselves.”

“Associated with this, there is also a much greater awareness among SMEs of climate change and its environmental impact. SMEs are becoming more conscious of their place in the world and are realising that, even if their own role in the larger sustainability picture is a tiny one, it remains important.”

Source: it-online


Book your seat here to attend the Green Business Seminar at Sustainability Week


 

Follow Alive2Green on Social Media

TwitterFacebookLinkedInGoogle +

Recently Published

Screen Shot 2017-08-17 at 8.56.14 AM
»

Cape Town Tourism will continue to build on the city’s tourism success

Cape Town Tourism’s service level agreement (SLA) has been ...

Screen Shot 2017-08-16 at 3.00.37 PM
»

Mining can be green and “sustainable”

Miners, First Nations feed fodder to government policy ...

Water and Mining - [https://www.miningreview.com/magazine_articles/water-and-power-efficiency/]
»

Water and power efficiency walk hand in hand

South African mining companies can manage water usage as part of a ...

Airport Craft Brewers barman Oscar Sentane prepares to serve one of Marali's blonde lagers at the O.R. Tambo airport in Johannesburg, South Africa.
»

Lift Off for Africa’s First Airport Brewery

There is a new addition to Africa’s busiest air transport hub, O.R. ...

agri
»

African Agri Investment Indaba

600+ GLOBAL LEADERS, 40+ EXPERT SPEAKERS 100+ KEY INVESTORS, 50+ ...

saeec1
»

12th Southern African Energy Efficiency Conference (2017SAEEC)

12th Southern African Energy Efficiency Conference (2017SAEEC) 14 ...

Screen Shot 2017-08-16 at 9.55.19 AM
»

Africa feeding Africa

While North America’s farmers pin their career hopes on the need to ...

Screen Shot 2017-08-16 at 9.40.05 AM
»

Get ready for climate impacts beyond your imagination

It’s time to start imagining the worst weather scenarios possible, ...

Screen Shot 2017-08-16 at 9.30.01 AM
»

15 African youth finalists in entrepreneurship prize

Fifteen emerging young African entrepreneurs will put their talent to ...