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This book explores the critical role of Micro, Small, and Medium Enterprises (MSMEs) in advancing global sustainability. It provides a comprehensive yet accessible guide to navigating Environmental, Social, and Governance (ESG) compliance, breaking down the complexities of ESG standards into practical applications that are relevant to MSMEs. The book is structured to blend theoretical insights with real-world case studies, offering a hands-on approach to understanding ESG's impact on small businesses worldwide. It delivers practical insights and actionable strategies tailored to MSMEs, helping readers understand how ESG compliance can lead to significant business benefits such as enhanced reputation, competitive advantage, and long-term growth.
Through case studies and practical advice, it highlights the unique challenges MSMEs face, such as limited resources and regulatory hurdles, while showcasing opportunities for innovation and sustainable development. The book offers a clear path to integrating ESG principles into business operations, providing MSMEs with the tools to drive sustainable change at the grassroots level. This book is essential reading for business owners, policymakers, sustainability practitioners, academics, and anyone interested in the intersection of small business and global sustainability. It is particularly relevant for those working with MSMEs in emerging markets and developing economies.
List of contents
Chapter 1. Understanding ESG Standards: A Primer for MSMEs Chapter 2. Regulatory Requirements for ESG Compliance
Chapter 3. Sectoral Approaches to ESG Compliance in MSMEs Chapter 4. ESG Reporting and Disclosure for MSMEs Chapter 5. Resource Constraints and ESG Implementation in MSMEs Chapter 6. Cultural and Organizational Barriers to ESG Adoption Chapter 7. Supply Chain Pressures and ESG Compliance Chapter 8. The Competitive Advantage of ESG for MSMEs Chapter 9. Innovation and ESG for Sustainability in MSMEs Chapter 10. Policy Support and Capacity Building for ESG in MSMEs
About the author
A. Vinodan is an Associate Professor in the Department of Commerce in the School of Commerce and Business Management at the Central University of Tamil Nadu, India.
S. Mahalakshmi is an Assistant Professor in the Department of Commerce in the School of Commerce and Business Management at Central University of Tamil Nadu, India.
