IDEAS home Printed from https://ideas.repec.org/a/afj/journ2/v20y2023i1p8-11.html
   My bibliography  Save this article

Going Green: Greenness and Greening by African Businesses

Author

Listed:
  • Shadreck Matindike
  • Stephen Mago

    (Nelson Mandela University)

Abstract

The current study attempts to answer the questions on the status, practices and extent of greening by businesses in Africa through reviewing the existing corpus of scientific works on green entrepreneurship. The aim of the study is to expose the need for going green, common practices by companies going green and to derive policy implications. Findings reveal that businesses have come to understand that successful management of the environment would be advantageous to them and thus can make voluntarily commitments towards the effort to counter the threats to society presented by environmental challenges. However, some business may have a desire to commit to go green but lack of legal obligations may result in reluctance. Additionally, creative green entrepreneurial and greenwashing were identified as common practices among African international businesses. Creative green business involves using strategies based on innovative and creative abilities. Thus, businesses are using innovative entrepreneurship which is just the coordinated use of talents and other resources (both human and technical) to address socioeconomic issues through ethical goods and services that give owners a feeling of fulfillment and financial benefits. On the other hand, some dishonest businesses utilize hyperbolic terms like “bio,” “eco,” “organic,” and “green” sustainability to mislead gullible customers into thinking that these businesses are mindful of the environmental issues in their company operations, a practice called greenwashing. The use of misleading green messaging for market acceptance shows that businesses are now conscious that their customers care about the biodiversity and the environment. Despite these marketing ploys, customers generally tend to find reputable environmentally friendly brands that they select to support in the long run. In the light of the findings of this study, countries should evaluate whether voluntary action or legal requirement can be more effective in taking African international businesses on board regarding environmental sustainability. Indeed, some businesses have come to understand that successful management of climate change would be advantageous to them and can make voluntarily commitments towards the effort to counter the threat in light of these evident measures. However, in such circumstances, a goodwilled business, such as an African MNC, would be prepared to contribute to aiding in the fight against climate change. However, the firm will be unable to uphold its moral commitment in the lack of a compelling legislation that would make trade-offs. In such cases, enhancing the policy frameworks to encourage businesses becomes crucial.

Suggested Citation

  • Shadreck Matindike & Stephen Mago, 2023. "Going Green: Greenness and Greening by African Businesses," Africagrowth Agenda, Africagrowth Institute, vol. 20(1), pages 8-11.
  • Handle: RePEc:afj:journ2:v:20:y:2023:i:1:p:8-11
    as

    Download full text from publisher

    File URL: https://journals.co.za/doi/abs/10.10520/ejc-afgrow_v20_n1_a2
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afj:journ2:v:20:y:2023:i:1:p:8-11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk De Doncker (email available below). General contact details of provider: https://edirc.repec.org/data/afrgrza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.