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Eco-efficiency: the business link to sustainable development
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1998
Year
Environmental PerformanceEngineeringSustainable DevelopmentEnvironmental EconomicsResource SustainabilitySustainable Value CreationGreen PolicyEconomic ValueSustainable Business Model InnovationEnvironmental PolicyEco-efficiencyEconomic SustainabilityEnvironmental ManagementBusiness ActivitiesEconomicsCorporate SustainabilityBusiness LinkBusinessBusiness SustainabilityNatural Resource EconomicsResource Use
The term describes business activities that create economic value while reducing ecological impact and resource use. This book outlines the principles of eco-efficiency and presents case studies of their application from a number of international companies, including 3M and the Dow Chemical Company. It also discusses the value of partnerships--with other companies, business associations, communities, regulators, and environmental and other nongovernmental groups. In the conclusion, the authors argue that business must become more eco-efficient and that governments need to change the conditions under which business operates, including tax and regulatory regimes, to make them more conducive to eco-efficiency.