Do local businesses need support to be greener?

GUEST OPINION Small and medium-sized enterprises (SMEs) are the backbone of the U.S. economy in terms of job creation and generation of economic growth. Social trends such as consumers' desire to purchase more sustainable products can also encourage businesses to adopt sustainable solutions and...

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Bibliographic Details
Published inRochester Business Journal Vol. 38; no. 9; p. 22
Main Authors Kasiri, Narges, Movassaghi, Hormoz
Format Journal Article Trade Publication Article
LanguageEnglish
Published Rochester BridgeTower Media Holding Company, LLC 28.07.2022
Rochester Business Journal
Subjects
Compliance
Corporate sustainability
Energy consumption
Environmental aspects
Finance
Laws, regulations and rules
Monetary incentives
Small & medium sized enterprises-SME
Small and medium sized companies
Small business
Sustainability
Tax incentives
Trends
United States
United States > US
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Summary:GUEST OPINION Small and medium-sized enterprises (SMEs) are the backbone of the U.S. economy in terms of job creation and generation of economic growth. Social trends such as consumers' desire to purchase more sustainable products can also encourage businesses to adopt sustainable solutions and increase market share. More specifically, about 45% of the SMEs regarded regulatory compliance as having moderate to very high impact in such decisions, while 55% viewed it as having slight to no impact For those who viewed such regulations as consequential, regulations imposed at the state and federal levels seemed to matter more than those at the county and municipality levels.
ISSN:0896-3274