Environmental Leadership Flashcards
What are the Reasons for Improving Environmental and Social Performance?
Moral, Legal and Economic
What is the key Moral Reason for Improving Environmental and Social Performance?
To prevent/minimise the impact of an organisations activities on the environment
What are the Legal Reasons for Improving Environmental and Social Performance?
Failing to comply with relevant legislation can result in severe repercussions.
Vital that organisation understands the relevant environmental laws at international, regional and national levels.
What are the key Economic Reasons for Improving Environmental and Social Performance?
the ‘polluter pays’ principle - used to force or encourage organisations to account for the pollution that they may create through the balance sheet.
What Costs may be Associated with Enviornmental incidents?
Direct or Indirect
What are the Direct Costs Involved in an Environmental Incident?
- Clean-up costs
- ongoing monitoring of the environment
- fine
- increased insurance premiums
What are the Indirect Costs involved in an Environmental Incident?
- business interruption
- loss of orders
- loss of corporate image
What are the key reasons for good standards of Environmental Management?
> better relations with local communities
> minimised energy costs
> decreased cost for managing waste
> improved corporate image
> more competitive on an international basis
> improve sales due to enhanced environmental performance or products or services
> opportunities for innovation - including improving existing products or developing new products
> reduction in chances of an incident occurring that could cause significant environmental impacts
> provides a better legal defence should an incident occur
> reduced insurance premiums etc
How Should the Supply Chain be Managed from an Environmental Perspective?
> suppliers to understand and meet environmental requirements of the customer - develops a deeper relationship and increases market share
> integrate specific environmental considerations into existing practices to generate value
> Environmental Supply Chain Management (ESCM) to impose certain requirements to bring suppliers into line with the organisations environmental management standards.
What is Corporate Social Responsibility (CSR) and Why is it appropriate?
an organisational approach that is very closely aligned with the concept of sustainability.
Pursuing CSR seeks to embed social, environmental and ethical management at the heart of their business.
What is the Definition of Resource Management?
‘using a company’s resources in an efficient way’ - this can include resources such as goods, equipment, finance and labour.
What are the Key Elements of Enviornmental Leadership?
> Commitment and Accountability
> Resource Provision
> Environmental Integration into Business Process
> Communication
> Ownership
> Positive Environmental Culture
Within Environmental Leadership - what is Commitment and Accountability?
top management need to be accountable for the effectiveness of
environmental management and be committed to achieving it.
Within Environmental Leadership - explain Resources Provision
resources must be provided when needed and in an efficient way - considering both current and future requirements.
Within Environmental Leadership - explain the requirement of Environmental Integration into Business Process
environmental management must be integrated into the strategic direction of the organisation and relevant processes for it to be effective.
