Chapter 21: Environmental Factors
damage to the environment is a social, external cost
it has moved higher up the agenda for all stakeholders
Issues
air and noise pollution
river and sea pollution
land pollution
congestion
Government Measures
Sustainable Development Strategy
climate change levy
Carbon Trust Standard
The Carbon Trust
congestion charges
pressure groups
alternative sources of energy
Conflict of Objectives
for some businesses being ethical is easy
for others it is simply an added cost that will affect profits
Examples of Effects
marketing
products can be marketed by reflecting a business's environmental concerns and awareness
financial
the use of electronic storage results in less paper use
people
workers are often proud to be part of a business that has concern for the environment
operations
the use of energy and water-saving measures is likely to reduce production costs