Economic Benefits And Benefits Of Cleaner Production

Businesses who participate in environmentally friendly practices will become more profitable. There are difficulties and costs that a business will face and profit takes time but is proven to positively impact a business. “The reluctance to address the forces that are polluting the planet always comes down to money (Smith, “6 Reasons Nations Don't Go Green.”). Implementing environmentally friendly practices within a company “will win them customers, and increase profits” (McDonald, “Why Do (or Don’t) Companies Go Green?”). Many global companies today carry out environmental management tools to adapt to environmentally friendly practices, which helps gain customers, and in turn becomes more profitable. In this paper, I will go into further detail explaining why businesses should be more environmentally friendly, the benefits to be gained, costs that come with being environmentally friendly, and management ways that help a company become environmentally friendly.

Putting a higher value on nature is a step towards the creation of a green economy. Jobs are created on better terms locally and the people can work together, with a better cleaner water supply.

Pollution has only become a global problem, or been recognised as a global problem in the last few years. The question at hand, of eliminating all pollution can be worse than 'bad', warrants validity as it would severely decrease the standard of living (and many other technological advances that make our life pleasurable) along with the goods and services provided by the polluters. It is not feasible to eliminate all pollution, nor is pollution purely a problem of industrial societies. The issue for economists is how to reach the optimal level of pollution as there is distortion interfering with the working of what is known as

This kind of factory is doing tasks, which affect the environment. Thus, the maquiladoras must change the form that they clean their machines and work areas such as caterpillar, a world’s leading manufacturer of construction and mining equipment: diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. they used politics of environment that its said, “We continually encourage all of Team Caterpillar to challenge waste, eliminate inefficiencies, and work to deepen their understanding of our true impact on the world in which we live.” So, qua Caterpillar the maquiladoras need to have in mind if they want to care for the earth such as using friendly chemicals, recycling their junk, and changing their

Twenty decades ago, livestock farmers used to breed their animals in the traditional way where their farm animals were let loose over a large area of farm and allowed to reproduce naturally. Over recent years, a new system of rearing livestock has come into existence which is more popularly known as Factory Farming. Factory Farming makes use of extremely intensive procedures through the use of which poultry, cattle and other livestock are kept indoors under rigid controlled settings. Since this technique has gained much popularity into how food is being produced in America, it is also one of the most debated and controversial concepts. While it is true that using this modern method to produce meat and dairy one can expect greater productivity at a swifter rate, the question still remains- at what cost?

In Company XYZ, environmental pressures affected the company’s bottom line by a direct relationship to the national health insurance changes. From a financial perspective this change proved positive to the company. All changes stemming from the merger proved to be profitable for the corporation, even the move of corporate atmosphere to a paperless society. This move allowed the company to participate in tax advantages of energy savings as well as reduce the cost of paper supplies and printing cost.

An environmental analysis in plays an essential role in business management by providing possible opportunities or threats outside the company in its external environment. The purpose of an environmental analysis is to help to develop a plan by keeping decision-makers within an organization. The changes include exchanging of executive parties, increasing guidelines to decrease pollution, technological developments, and fluctuating demographics. An environment analysis helps the industries to improve the outline of their environment to find more opportunities or threats.

If Appalachian Coal Mining decided to install additional capital equipment, they would decrease the amount of pollution that their company produces. This installation of additional capital

? The benefits to the workplace, according to the journal, Industrial Relations, include: increase productivity, and rise in profit

Environmentally, the company have committed to reduce externalities by being accountable in their use of natural

Economy: boost the social enterprise industry by being a role model business that successfully generates profits and at the same time tackles a social

Now that we have established a basic understanding of what the "industrial model" is, we can now discuss its benefits. The "industrial model" gives

One positive implication capitalism has to the natural environment is industrial ecology, a system of chain production and consumption, serving to the lowest environmental impacts in a most environmentally sustainable economy as the main goal of operation (Richards & Pearson, 1998). The Companies in a like to operate in such way because of four major reasons. The most important factor is known as the corporate well-being, for it is determined by higher profits and growth provided by innovations in an industry. Profits are increased from recognizing the production ineffiency costs that comes from wasted inputs and energy losses; this allowing cost savings to increase and ineffiency to decrease. compliance with cleaner technology alternatives such as ones that produce less waste and less energy will provide long term savings which are both beneficial to the environment and the business at hand. A real world example freight company changes their salvaged driving equipment to hybrid vehicles. Money is temporarily lost, but the gasoline and maintenances cost savings will compensate in a long run period of time.

One may be that profits will be reduced, if latest ‘green’ methods of production or waste disposals are always being purchased. Without high profits businesses will be less able to expand and produce higher amount and quality of goods. In many countries, legal protection of the environment is weak and inspection systems are inadequate. There will, as a result, be less risk of legal action and heavy fines against business activity in these countries. Furthermore, in developing countries it is argued that economic development is more important that protecting the environment. Businesses can achieve more 'good' by producing cheaply in these countries that if they were forced to always adopt the 'greenest' production strategy.

* There will be probability to get economic benefits for the enterprise as a result of this operation;