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A sustainability maturity model for micro, small and medium-sized enterprises (MSMEs) based on a data analytics evaluation approach

  • Jenifer Vásquez
  • , Santiago Aguirre
  • , Edwin Puertas
  • , Giulia Bruno
  • , Paolo C. Priarone
  • , Luca Settineri
  • Universidad Javeriana
  • Polytechnic University of Turin
  • Universidad Tecnológica de Bolívar

Research output: Contribution to journalArticlepeer-review

75 Scopus citations

Abstract

A maturity model for micro, small and medium enterprises (MSMEs) is introduced to assess the level of implementation of sustainability strategies and practices in this type of business. According to the literature, only a few sustainability-maturity assessment models intended for MSMEs have integrated the following three factors: environmental knowledge management, environmental strategies and good practices, and environmental management systems. The sustainability maturity model proposed here for MSMEs is capable of supporting the efforts of companies in their attempts to achieve both environmental sustainability and an improvement in their production systems. The model encompasses a four-level qualitative scale and uses supervised classification algorithms to categorize companies through data analysis techniques. After applying the model to a group of MSMEs from different productive sectors in Colombia, the results have shown that 6% of the companies were at an insufficient level, 31% were at an initial level, 45% at a developed sustainability maturity level, and 18% at a consolidated level. This result implies that the decision makers in the latter group have paid greater attention to the strengthening of sustainability progress capabilities and, hence, to the definition of a maturation route.

Original languageEnglish
Article number127692
JournalJournal of Cleaner Production
Volume311
DOIs
StatePublished - 15 Aug 2021

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Data analytics
  • Maturity model
  • Small and medium-sized enterprises
  • Sustainability

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