Environment-friendly management: Does it really add value for Korean firms? - KIET 산업슬롯 사이트 - 소통 - 공지사항

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Environment-friendly management: Does it really add value for Korean firms? 2004-02-29 문서 미리보기 문서 다운로드

Author : Dongsoon Lim(Industrial Competitiveness Division)

Environmental issues continue to attract considerable attention, both domestically and internationally. Climate change, water resources, pollution and waste generation and disposal are among the leading challenges in this regard. As a major user of raw materials and energy, and a major source of pollutants and waste, industry is an important player. Progress in dealing more systematically with issues has been made in several industrial sectors during the past several decades, with industry taking a more active role in addressing current and emerging issues. In these tough economic times, a difficult question that a firm and its environmental managers should answer is if their efforts are adding values to their companies. Environment-friendly management is necessary; it is important and there are many environmental regulations to follow in Korea; but is it strategic in improving values for a company? This article presents a brief history of Korean industrial environmental activities, and further shows the im
ct of environment-friendly management on both corporate performance and on the compliance with environmental regulations by Korean companies.