The Relationship between Environmental and Economic Aspects for Measuring the Sustainability of the Enterprise: A Case Study of Slovak Manufacturing Enterprises

Int J Environ Res Public Health. 2022 Jun 24;19(13):7784. doi: 10.3390/ijerph19137784.

Abstract

Despite the unbounded and undeniable advantages of manufacturing, affiliated negative externalities, such as environmental pollution, cannot be overlooked. Our article aims to focus on the current interdependence between the selected economic and environmental aspects in related manufacturing enterprises in Slovakia. We focused on analysing the relationship between carbon monoxide emissions from the largest polluters of the Slovak Republic and relevant sales. The data were taken from 83 enterprises from the Slovak Republic. Environmental and economic data were comprehensive during 2014-2019; therefore, this paper focuses on this period. Among the substantial results, we identified that carbon monoxide production from Slovak production companies was almost unchanged from 2014 to 2019, with only minimal deviations. Based on the results, we created an environmental ratio indicator as an appropriate tool for managers for their decision-making process to achieve the enterprise's sustainability goals.

Keywords: carbon monoxide emissions; environmental performance; environmental ratio; sustainability goals; sustainable development.

Publication types

  • Research Support, Non-U.S. Gov't

MeSH terms

  • Carbon Monoxide*
  • Commerce*
  • Slovakia

Substances

  • Carbon Monoxide

Grants and funding

This research was supported by grant VEGA (SLOVAKIA) (grant number: VEGA 1/0273/22: Resource efficiency and value creation for economic entities in the sharing economy and by the grant system of the University of Zilina (grant number: 13847/2022).