UCL  IRIS
Institutional Research Information Service
UCL Logo
Please report any queries concerning the funding data shown on the profile page to:

http://www.ucl.ac.uk/finance/secure/research/post_award
Please report any queries concerning the student data shown on the profile page to:

Email: portico-services@ucl.ac.uk

Help Desk: http://www.ucl.ac.uk/ras/portico/helpdesk
Publication Detail
Clean business: Policy, practice and economic implications
  • Publication Type:
    Journal article
  • Publication Sub Type:
    Article
  • Authors:
    Ekins P
  • Publisher:
    ROYAL SOC LONDON
  • Publication date:
    15/07/1997
  • Pagination:
    1449, 1465
  • Journal:
    PHILOS T ROY SOC A
  • Volume:
    355
  • Issue:
    1728
  • Language:
    EN
Abstract
Business has a substantial part to play in addressing the contemporary environmental challenge. This paper presents a model of wealth creation that can be applied to individual businesses or the economy as a whole, in order to understand the role of the environment in wealth creation and how this may cause its deterioration. From this model it is possible to derive principles and standards for environmental sustainability for the economy, from which a definition of a clean business is derived. To reduce its environmental impacts, a business needs to adopt new environmental reporting and accounting systems, which are discussed, together with evidence that such systems can enhance a firm's productivity and competitiveness. Government interventions, including the use of environmental taxes and charges, will be required for businesses generally to become cleaner, but the paper concludes that the leading companies that successfully become clean businesses ahead of legislative requirements may well save costs and gain competitive advantage from so doing.
Publication data is maintained in RPS. Visit https://rps.ucl.ac.uk
 More search options
UCL Authors
UCL Energy Institute
University College London - Gower Street - London - WC1E 6BT Tel:+44 (0)20 7679 2000

© UCL 1999–2011

Search by