ISO 14001

Question 1

Key Components of ISO14001

Answer 1

Businesses must define, measure, and improve processes

Checks environmental impacts of products & services

Documented Information: Records processes, results, and quality-related activities

Question 2

Benefits of ISO14001

Answer 2

Environmental Performance: Minimises waste, pollution & resource usage

Regulatory Compliance: Reduces the risk of fines & cost of penalties

Cost Saving: Efficient energy usage & reducing waste disposal costs

Risk management by identifying and addressing potential issues early

Increased competitiveness, as companies with ISO 9001 are viewed as more reliable

Reputation & Stakeholder Trust: Enhanced image as the business is
environmentally responsible. Can help to build trust with customers & investors

Question 3

Improved Operational Efficiency & Revenue

Companies saw ________ improvements in their operations, resulting in _______. They also saw a _________ increase in revenue
.

Answer 3

5-15% / lower costs across their business / 10-15%

Question 4

Energy Cost Savings

Companies saw a _______ reduction in energy usage, this can translate to ___________

Answer 4

5-20% / thousands of pounds annually in energy savings

Question 5

Energy Cost Savings

Reduces ___________ can save _________ on material costs

Answer 5

wastage on materials / 10-15%

Question 6

Energy Cost Savings

Waste Management costs can be reduced by as much as ___________ once ISO14001 is implemented effectively

Answer 6

15-30%

Question 7

Insurance Premium Reductions

Answer 7

Insurance companies may offer discounts for business with ISO14001 certification