Business Studies, asked by sarthakjc789, 3 months ago

What is the purpose of environmental improvement business?​

Answers

Answered by moonstar16098
1

Answer:

Advantages environmental improvements for your business

There are a number of reasons why improving your environmental performance makes good business sense, such as:

Complying with legislation - rules are becoming increasingly tight as governments try to reduce the negative impact business operations have on the environment.

Cutting costs - using less energy, water and raw materials will reduce your purchasing and waste disposal costs.

Business opportunities - you may be able to create new products and market them as environmentally friendly, or work with organisations that require their partners to have good environmental credentials.

Marketing opportunities - being able to demonstrate how your business is improving its environmental performance enables you to highlight this in the local media, enter award programmes and use relevant labelling schemes. See our guide on how to market your environmental credentials.

Attracting and retaining staff - employees may be more willing to work for your business if you can demonstrate good environmental credentials.

Improving stakeholder relations - in addition to your employees, other stakeholders such as customers, suppliers, investors and regulators are increasingly focusing on how a business manages its environmental performance.

Future proofing - by understanding your business' environmental impact, you can better appreciate how future changes, such as new legislation, will affect you.

Explanation:

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