Abstract
Twenty small-to-medium sized business clients who had been previously provided pollution prevention (P2) technical assistance were studied to account for four difficult to quantify indirect benefits. The difficult to quantify benefits studied were reduced operational costs, regulatory burden, future liabilities and time saved from the research or technical assistance provided. Many (70%) clients who implemented new technologies realized operating cost reductions. Frequently (70%) clients who implemented P2 suggestions that reduce the disposal of hazardous waste realized reductions in regulatory burden and future liabilities. Most (90%) clients perceived that the research assistance saved their staff time. On average, clients in this study realized indirect savings of similar magnitude to their direct savings regardless of the scale or type of assistance. This study illustrates the value realized by a business of indirect benefits from pollution prevention implementation, which is particularly important now that publicly traded U.S. companies must disclosure financially significant environmental liabilities.
Original language | English (US) |
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Pages (from-to) | 771-779 |
Number of pages | 9 |
Journal | Journal of Cleaner Production |
Volume | 16 |
Issue number | 6 |
DOIs | |
State | Published - Apr 2008 |
Keywords
- Indirect
- Intangible
- Liability avoidance
- Pollution prevention
ASJC Scopus subject areas
- Renewable Energy, Sustainability and the Environment
- General Environmental Science
- Strategy and Management
- Industrial and Manufacturing Engineering