Progress: Improving Performances in the Board Room.
April 28, 2008 by NEIL MILLER | Filed under: Regarding Social Responsibility [1, 2, 4]
Although short, I think this article gives some good information on the benefits of CSR for businesses and how it can give them the competitive advantage. Also, it touches on economic viability.
“Progress: Improving Performances in the Board Room”. ECO Volume 27, pg 137. Issue: June-July 2007. CSIRO Publishing. April 25th, 2008.
http://www.publish.csiro.au/?act=view_file&file_id=EC137p26.pdf
Process: Reduced costs through eco-efficiency
• material savings from better whole-system design
• increases in process yields and less downtime
• better design to ensure that by-products and waste can be converted into valuable forms
• greater resource productivity of inputs, energy, water and raw materials to reduce costs
• reduced material storage and handling costs through ‘just in time’ management
• improved OH&S
• improvements in the quality of product or service
Product: Reduced costs through eco-innovation
• higher quality, more consistent products
• lower product costs (for instance, from material substitution, new improved plant efficiencies)
• lower packaging costs
• more efficient resource by-products
• safer products
• lower net costs to customers of product disposal
• higher product resale and scrap value
• products that meet new consumer demands for environmental benefits