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Small and Medium Enterprises (SMEs) are de … Small and Medium Enterprises (SMEs) are defined by the European Commission as having less than 250 employees, independent (with no shareholder having over a 25% stake in the business) and with an annual turnover of no more than €50 million or annual balance sheet of €43 million. SMEs have been identified as a problem area in the field of environmental regulation. Whilst the individual environmental impacts of SMEs are generally small in comparison to those of large corporations, the cumulative environmental impacts of the sector are large. They also pose particular problems for environmental governance, showing little reception to new environment policy instruments (NEPIs) such as market-based instruments, voluntary agreements and informational devices.tary agreements and informational devices.
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Small and Medium Enterprises (SMEs) are de … Small and Medium Enterprises (SMEs) are defined by the European Commission as having less than 250 employees, independent (with no shareholder having over a 25% stake in the business) and with an annual turnover of no more than €50 million or annual balance sheet of €43 million.on or annual balance sheet of €43 million.
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Environmental regulation of small and medium enterprises
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