Author: David Edwards Publisher: Routledge ISBN: 1317575008 Category : Business & Economics Languages : en Pages : 88
Book Description
The Link between Company Environmental & Financial Performance, first published in 1998, is a detailed investigation into the effects of environmental performance – resource efficiency, regulatory compliance, new product and service opportunities – on corporate financial performance. This report makes essential reading for company management, investors and other stakeholders. It demonstrates the quantitative links between environmental and financial performance for the UK’s best and worst environmental performers across a range of business sectors. It shows that there is no financial penalty for being environmentally proactive, and confirms US findings that good environmental performance improves a company’s financial performance.
Author: Mark A. Cohen Publisher: Investor Responsibility ISBN: 9781879775268 Category : Corporate profits Languages : en Pages : 27
Book Description
Discover which foreign companies are conducting or are considering conducting business in southern Africa. Abstracts of nearly 2000 firms include the locations, product lines, number of employees & the amount of assets & sales in southern Africa. For companies with non-equity links, abstracts include the name & location of the company's South African distributor or licensee. Appendices sort companies by industry sector, size & location. The "Company Watch" section identifies firms that have announced plans to establish business ties to southern Africa.
Author: Ramakrishnan Ramanathan Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Drawing upon stakeholder theory and the resource-based-view of a firm, we investigate the moderating role of operations efficiency of firms on the link between environmental and financial performance. Extant literature has highlighted that operations efficiency is closely associated with the environmental/financial performance of firms, but there is no empirical study that has investigated how operations efficiency affects the links between environmental and financial performances. We draw on the stakeholder theory to argue that environmental performance could be related to financial performance, and use the resource-based-view to argue that operations efficiency could act as a moderator of this relationship. Using data on the environmental/financial performance of Britain's most admired companies, we have found evidence for the moderating impact of operations efficiency. Our results are useful to managers in that they show that improvements in operations efficiency in a company can also help improve environmental/ financial performance and vice versa.
Author: Nicole Darnall Publisher: ISBN: Category : Languages : en Pages : 34
Book Description
It is often argued that good environmental and commercial performance go hand in hand. In this chapter the links between environmental policy stringency, environmental performance and commercial performance (profitability and sales) for a sample of OECD manufacturing facilities are examined. Using a bivariate probit model for six different indicators of environmental performance (natural resource use, solid waste generation, wastewater effluent, local and regional air pollution, global pollutants, and an aggregate index) it is found that environmental performance has a positive and significant effect on both profitability and sales, indicating the potential for quot;win winsquot;. However, perceived policy stringency has a negative and significant effect, thus indicating that such quot;win winsquot; are not policy-induced.
Author: Zuoming Liu Publisher: ISBN: Category : Languages : en Pages : 33
Book Description
Many business managers start to adopt environmental-friendly activities due to pressures and concerns regarding the potential adverse environmental impacts from their regular activities. However, there is no consensus regarding whether better environmental performance can lead to superior financial performance. Academic research also shows mixed or even contradictory results, possibly due to various limitations and problems. This study builds a multilevel framework to study the complicated relationship between environmental performance and financial return and synthesize those non-consensus results in many previous studies. An overall positive relationship is found between environmental and financial performance with variations across companies and industries due to the company- and industry-level heterogeneities. A negative relationship is also identified for some firms in specific industry sectors. Moreover, the bi-directional causal relationship between environmental and financial performance also imply that it is necessary for companies to have sufficient financial resources in order to implement proactive environmental strategies and initiatives. The findings in this study make contributions to the literature, provide guidelines for managers and investors, and give implications for policymakers.
Author: Pavan Sukhdev Publisher: Penguin UK ISBN: 8184759630 Category : Literary Collections Languages : en Pages : 320
Book Description
Business as usual’ isn’t working. There is an emerging consensus that all is not well with today’s market-centric economic model. Although it has delivered wealth over the last half-century and pulled millions out of poverty, it is recession-prone, leaves too many people unemployed, creates ecological scarcities and environmental risks, and widens the gap between the rich and the poor. In Corporation 2020, Pavan Sukhdev lays out a sweeping new vision for tomorrow’s corporation: one that will increase human well being and social equity, decrease environmental risks and ecological losses, and still generate profit. Sukhdev illustrates his vision with examples ranging from Infosys’s creation of human capital to Citibank’s having to change its project finance policy due to rainforest destruction. From its insightful look into the history of the corporation to the thoughtful discussion of the steps needed to craft a better corporate model, Corporation 2020 offers a hopeful vision for the role of business in shaping a more equitable, sustainable future.
Author: Lujie Chen Publisher: Linköping University Electronic Press ISBN: 9176859673 Category : Languages : en Pages : 67
Book Description
This dissertation approaches the question of sustainability and its influence on company performance, with special focus on the manufacturing industry. In the contemporary production environment, manufacturing operations must take into account not only profit, but also environmental and social performance, in order to ensure the long-term development of the company. Companies have to decide whether they should allocate resources to environmental and social practices in order to improve their competitive advantage. Consequently, in decision-making processes concerning operations, it is important for companies to understand how to coordinate profit, people, and planet. The objective of this dissertation was to investigate the current situation regarding manufacturers’ sustainable initiatives, and to explore the relationship between these sustainable practices and companies’ performance, including financial performance, operational performance, innovation performance, environmental performance, and social performance. First of all, a structured literature review was conducted to identify sustainable factors considered to be important in the decision making of manufacturing operations. The findings were synthesized into a conceptual model, which was then adopted as the basis for designing the survey instrument used in this dissertation. Drawing on Global Reporting Initiative (GRI) reports, empirical research was performed to explore the relationship between environmental management practices and company performance. Interestingly, the findings showed that many environmental management practices had a strong positive impact on innovation performance. Sustainability disclosures and financial performance were further analyzed using extended data from the GRI reports. The results also showed that several sustainability performance indicators, such as product responsibility, human rights, and society, displayed a significant and positive correlation with return on equity in the sample companies. In order to further explore the research area and to verify these findings, a triangulation approach was adopted and new data were collected via a survey conducted among middle and large sample companies in the Swedish manufacturing industry. The results indicated that the sustainable improvement practices had a positive impact on company performance. Some environmental and social improvement practices had a direct and positive correlation with product and process innovation. Furthermore, findings suggested that better cooperation with suppliers on environmental work could help to strengthen the organizational green capabilities of the focal companies. When considering the company’s general approach to implementing sustainable practices, some interesting findings emerged. There were limited significant differences in sustainable practices when comparing different manufacturing sectors, and different countries and regions. However, the results showed that Swedish manufacturing companies often place higher priority on implementing economic and environmental sustainability practices than on social ones. This dissertation contributes to the literature on manufacturing sustainability. The study expands the understanding of how environmental, social, or economic perspectives as a triple bottom line can influence company performance and to a certain extent the supply chain. Identifying and understanding such relationships gives companies the opportunity to integrate sustainability into their manufacturing operations strategy in order to sustain their manufacturing operations over the long term.
Author: David Edwards
Author: Alan Lewis
Author: Mark A. Cohen
Author: Ramakrishnan Ramanathan
Author: E. Grekova
Author: Nicole Darnall
Author: Zuoming Liu
Author: United States Environmental Protection Agency (EPA)
Author: Pavan Sukhdev
Author: Lujie Chen