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.”
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