Here is the synopsis of our sample research paper on Pollution Prevention Can Create Profit. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 9 page paper argues that a company that there is not an automatic clash between profit making and pollution reduction, The paper argues that preventing pollution can result in both direct and indirect profits. The paper looks at both theory and real life examples to present this argument. The bibliography cites 8 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEpolprofit.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
but will result in increased costs. The link between preventing pollution and increased costs has been established in the minds of many people, but in reality, although this can be
the case, with environmental approaches increasing costs, it is not automatically the case; preventing pollution can also be profitable. If we look at the aspect f profit and the
way in which management of pollution can create a profit we need to start by consideration of environmental measures from an accounting environment we can look at examples that show
preventing pollution can be profitable. An example of this may be seen as the Aire and Caulder Valley study where an environmental
accounting study identified where waste could be reduced by the company to aid the environment. These measures also saved the company a total of ?2 million a year across eleven
of the sites in the short term as well as greater savings in the long term, (Johnston, 1994). The findings in the environmental
accounting did not end here as the project also identified many other potentially useful and ecological measures that may be taken by the company in order to protect the
environment. The projects recommendations for environmental measures saw 72% which had a payback period of less than twelve months and as such a net cost of zero (Johnston, 1994).
If looking to consider this from a management accounting perspective rather than an environmentalist external stakeholder perspective then it may be perceived that this
is unusual, and that for must companies the measure identified will be costly, reducing profits and therefore either increasing prices or decreasing shareholder satisfaction with the companies results. But closer
...