Sustainable practices in SMEs: reducing the ecological footprint

Abstract

Purpose The purpose of this study to focus on sustainable entrepreneurship practices in small and medium-sized enterprises (SMEs), thus aiming to understand the reasons owners-managers implement them as well as the benefits they provide after considering the three domains of sustainable development: environmental, social and economic. Design/methodology/approach A qualitative approach was adopted using two Portuguese cases (SME). Data were obtained from interviews and documentary analysis. Findings From content analysis of the interviews held, the results obtained show that both SMEs studied are concerned about sustainable practices and development. They have competences directing them towards a sustainable entrepreneurship. Practical implications The study contributes to understanding the benefits of adopting sustainable entrepreneurial practices in the SME context and helping these firms’ managers reformulate more appropriate and effective strategies and actions to ground these firms in a process of continuous improvement, especially in reducing their environmental footprint. Originality/value Although SMEs are numerous and central in the dynamics of the world economy, sustainable entrepreneurial practices have not been studied as a vehicle to reduce the ecological footprint. This holds particularly true for the realm of SMEs.