Commitment of European SMEs to resource efficiency actions to achieve sustainability transition. A feasible reality or an elusive goal?

The European Union has built an interdependent framework to promote sustainability transition through commitment in resource efficiency (RE) actions as echoed in the European Green Deal. Although the factors affecting firms' decision to adopt a green strategy have been extensively explored, those affecting commitment remain unexplored. Thus, we study whether commitment of European SMEs to RE actions fosters sustainability transition and, what drives such commitment.

Green growth & sustainability transition through information. Are the greener better informed? Evidence from European SMEs.

The European Green Deal along with directives promoting Circular Economy support sustainability transition and foster green growth through developing appropriate funding. However, information on how to access such funding affects firms' decision to expand their business strategy. This paper investigates the effect of information about financing tools on the adoption of Circular Economy business activities by exploring whether the better-informed firms are 'greener' and what influences such decision through a switching endogenous regressor model to account for endogeneity and selectivity bias.