• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Can businesses afford to be concerned about the environment?

Extracts from this document...


Can businesses afford to be concerned about the environment? Over recent years, many changes in social attitudes and green consumerism have highlighted the need for firms to be more aware on the impact of operations and disposal of waste within society and the problems that it causes. With the increasing pressures of U.K and European legislation being implemented by all 15 members of the union, namely "The Environmental Protection act 1991", firms can face large penalties for inappropriate behaviour, which may jeopardise the future of the company. The decision to follow an "environmentally friendly approach" may depend on the type of business, its culture and beliefs and its current financial position. As most businesses are "profit maximises", there are benefits and adverse effect on such a decision. Businesses can damage the environment in a number of ways. Global warming is occurring whereby CFC's and Carbon Dioxide are damaging the o-zone layer and pollutants in the atmosphere causing smog and acid rain. A firm may accept its social beliefs and responsibilities willingly, in genuine belief that they should operate in a morally acceptable manner or derive some positive publicity and promoting a positive corporate image. ...read more.


For example, the Body Shop (cosmetics) has followed this approach, which has helped gain a competitive edge over rivals. The advertising within the shop and on the label of the product states that non of the research had been tested on animals and by addressing this factor, the products was sold at a premium price with a unique selling point which would see Body shop develop into the market leader. The success not only allows the business to breed hansom profit margins, but help increase the level of motivation within the workforce. Firms may also find it easier to raise funds if the have a good and clean environmental record i.e. the Co-operative bank will not lend money to business that damage the environment. Trade-offs may exist because adopting an ecological sound production process may provide special capital and job losses. Meeting the standards imposes additional costs on business, as they may need to introduce new processes, retrain employees and use more expensive resources. A firm may want to carry out an environmental audit, which measures the impact of there operations in society. ...read more.


Members of Friends of the Earth chained themselves to the rig; while some members on land attacked Shell petrol stations to enforce there belief on what shell was doing was wrong. However, Shell learnt from their mistakes and invested �4m in an energy recovery plant, which burns wastes to give a "clean" public image. Economists regard pollution as a market-failure to be tackled by government policy. Government intervention may by in a direct manner over certain practises or the imposition of "green taxes". The latter is favoured by those that favour market principles, since it makes the polluter pay for the damage caused. This may make firms more conscious on the consequences of over polluting as there a constant threat of extra costs, which may affect the level profits and overall competitiveness. In society today, it would be deemed ignorant if a firm ignored its impact on the environment, and with businesses now operating within a single market across Europe, firms can face large penalties when not conforming with the rules and can damage the reputation and international competitiveness of any firm. ?? ?? ?? ?? Mark Lewis Williams 20/04/07 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Environmental Management section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Environmental Management essays

  1. Deforestation and its impact on the environment

    Deforestation affects the earth tremendously; leaving us with pollution due to an excessive amount of carbon dioxide in the air, soil erosion, stream erosion, loss of fisheries and water supply, as well as the loss of recreation. Trees protect the soil from the rain and wind.

  2. I am going to research waste pollution. I have chosen to research waste pollution ...

    When carrying out the primary research I used a quantitive methodology which would have made my research more reliable as they were yes or no answers but if I used a qualitive methodology the research would have been harder to analyse and also when carrying out the research I could

  1. The Impact of Man on the Environment.

    Another group of bacteria reduce NO3- ions to nitrogen gas which returns to the atmosphere. This is called denitrification and is carried out by Denitrifying bacteria such as Pseudomonas denitrificans. This is only done in aerobic conditions in which nitrate is decomposed in order to obtain oxygen which they use in respiration.

  2. Built Environment

    luxury flats taking the place of the old shipyards, granaries, wharves and docks. The redevelopment of residential areas, combined with the increased cultural activities, has contributed to a better environment. The city has been successful in attracting tourists, conferences as well as major sporting events.

  1. Cooperatives and small-scale enterprises in solid waste re-use and recycling.

    virgin materials, so fewer trees have to be cut or minerals mined. The environmental benefits are also clear: less pollution, less greenhouse gas emissions and so on. Due to the recent introduction of the project it has been impossible to have specific figures of the work of the cooperative in

  2. Free essay

    Health & The Environment

    There is a growing debate on whether there is a link between air pollution and asthma. A number of studies have suggested a link, others have not. For instance, according to the article 'asthma rates have soared in Britain since the introduction of the clean Air Act 1956, which significantly cut air pollution across the country.

  1. Hinduism and the environment

    These two elements are matter (prakriti) and spirit (purusha). According to Hindu beliefs, the physical world is made up of these two elements and that Brahman (the ultimate being) looks over it all, this must mean that environmental beliefs are core in the Hindus mind. Another reason for why Hindus should have a deep respect in the environment is based on their belief of reincarnation.

  2. Enviromental Health - how humans can damage the environment

    Because all water leads to the ocean even the polluted ground water will get to the ocean and pollute it too. The Earth has very fragile ecosystems and pollution takes away the balance of all of them. Humans should control their waste and not throw it into the ocean or on the land.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work