Abstract:
Over the past decades manufacturing SMEs have played a very crucial role as a
driving force behind socio-economic growth and industrial development, acting as
prime agents of change and growth of emerging economies. Manufacturing SMEs
are endowed with potential for providing opportunities and eradicating poverty in
a more sustainable manner, with great potential for more active environmental and
social programs. In spite of that, manufacturing SMEs in emerging markets such
as South Africa are still struggling and battling with issues of sustainability. The
triple bottom line (TBL) framework has guided many firms operating in the lenses
of sustainability by reporting, accounting and taking responsibility for
environmental and social sensitivity with their operations. This paper explored the
avenues through which manufacturing SMEs utilize the TBL framework as a
reporting tool to measure their performance. This paper analyses opportunities
and challenges of incorporating the social and environmental dimensions of the
triple bottom line for SMEs. The study applies a quantitative design on a
purposively selected sample of 200 respondents that were considered as decisionmakers
of manufacturing SMEs in Cape Town. The researcher administered
questionnaires to the directors of operations, supervisors, owners and managers.
These are respondents at decision-making equivalent positions in manufacturing
SMEs. These respondents were deemed best suited to report the decisions made
regarding the operational strategy and the results of the environmental and social
programs implemented by manufacturing SMES.
