Environmentally Responsible Business Approaches in Azerbaijan

Abstract

In the study; the eco-entrepreneurship and environmental sensitivity of companies operating in Azerbaijan were examined within the scope of environmental practices. For this purpose, companies operating in the country were invited to participate in a survey, and their sensitivity to the environment was examined from four main dimensions—consumption, production, financial, and technology. The mentioned dimensions were analyzed according to four aspects; namely, business field of activity, business size, operating year, and the level of implementation of environmentally friendly policies. According to the results of a one-way analysis of variance, carried out by field of activity, operating year, and the level of implementation of eco-friendly policy; it was found that there was no group that significantly differed from the overall group mean. A difference was found only in terms of the size of the enterprise. The study found that large businesses were more aware of environmental sensitivity than small-and medium-sized businesses.