Title: Analysing the determinants of heatwave risk for small and medium enterprises: a case study

Authors: Hrishikesh Mahadev Rayadurgam; Prakash Rao

Addresses: Symbiosis Institute of International Business, Symbiosis International (Deemed to be University), G No. 174/1, Hinjewadi, Pune – 411057, India ' Symbiosis Institute of International Business, Symbiosis International (Deemed to be University), G No. 174/1, Hinjewadi, Pune – 411057, India

Abstract: The development of natural disaster vulnerability is influenced by several factors and examining these underlying interactions aids in improving vulnerability assessments and reducing heatwave (HW) impact. The partial least squares structural equation modelling (PLS-SEM) was used to understand the correlation among various risk determinants of small and medium enterprises (SMEs) in Visakhapatnam, on the east coast of India. The results indicate that the physical infrastructure (0.50), employees and workers (0.31), and hazard likelihood and perception (0.38) vulnerability directly influence the SME risk. The analysis enables in identifying SME risk determinants and areas of prioritisation for SME adaptation measures.

Keywords: small and medium enterprise; SME; climate risk; vulnerability; heatwave; partial least squares structural equation modelling; PLS-SEM.

DOI: 10.1504/IJGW.2023.132278

International Journal of Global Warming, 2023 Vol.30 No.4, pp.430 - 450

Received: 19 Aug 2022
Received in revised form: 17 Jan 2023
Accepted: 19 Jan 2023
Published online: 14 Jul 2023 *

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