The Impact of Firm Characteristics on Adoption of Environmental Management Practices in Russian SMEs

Abstract

To resolve and mitigate the ecological crisis, proactive approaches from businesses across all sectors and sizes are an imperative, with governments encouraging and pressuring them to move toward environmental sustainability. However, not all enterprises are ready to adopt EMPs, and those that do, differ substantially in the extent of their implementation. Based on the data from 984 Russian SMEs, the paper investigates how firm-specific characteristics impact the comprehensiveness of environmental management practices in Russian SMEs and confirms that a firm size, foreign ownership, and innovativeness all positively and significantly influence the extent of SMEs’ engagement in environmental practices.

Keywords:

• Environmental management
• innovativeness
• Russia
• SME