TY  - JOUR
AB  - Environmental management systems (EMS) seek to make companies simultaneously more competitive and environmentally responsible. Improved environmental performance can be sought from the adaptation of techniques that emphasize reduction of waste and process/product redesign in the quest of reducing environmental impact. However, EMS lacks a framework to quantify improvements and much of the evidence of EMS's impact on financial performance is anecdotal. This lack of theoretical development has served to diminish corporate support, thus reducing the likelihood of EMS implementation due to a perceived cost disadvantage. This paper proposes, and tests, a framework to quantify EMS improvements to determine the impact of EMS strategies on financial performance. Our findings suggest that implementation of an EMS strategy does not negatively impact a firm's financial performance.
VL  - 15
IS  - 6
SN  - 1477-7835
DO  - 10.1108/14777830410560700
UR  - https://doi.org/10.1108/14777830410560700
AU  - Watson Kevin
AU  - Klingenberg Beate
AU  - Polito Tony
AU  - Geurts Tom G.
PY  - 2004
Y1  - 2004/01/01
TI  - Impact of environmental management system implementation on financial performance: A comparison of two corporate strategies
T2  - Management of Environmental Quality: An International Journal
PB  - Emerald Group Publishing Limited
SP  - 622
EP  - 628
Y2  - 2024/04/25
ER  -