Friday, 22 November 2024

Benefits of an Environmental and Social Management

 Benefits of an Environmental

and Social Managements System For Your Company

Today, companies are confronted with a number of significant environmental

and social challenges. None of the challenges is insurmountable, but if not

effectively assessed and managed, they will hurt your profitability, reputation,and prospects for future business.

Among these challenges are increasing energy and raw materials costs, the growing power and influence of environmental and labor regulatory agencies,and rapidly evolving consumer awareness and concerns about environmental and social issues. These risks are in addition to the primary risk of failing to meet your business goals or build brand and consumer confidence. All of these risks ultimately have financial consequences. Moreover, exports and international exposure are vital to the success of many businesses; but exporting your goods and services also increases demands from international legislation, local

industry standards, and consumer requirements. Many of these requirements

are increasingly related to environmental and social practices. All of these risks, requirements, and pressures on your business are driving forces that should motivate you to implement a management system.

“We are facing intense global

competition and

declining spending

during the current

global economic

crisis. Improving our

environmental and

social management is

helping us to reduce

material inputs,

minimize waste

and improve our

competitiveness and

our profitability.”


No comments:

Post a Comment