Authors:
Constantin, Lucian; Nicolau, Margareta; Teodorescu, Cristian
Constantin, Lucian; Nicolau, Margareta; Teodorescu, Cristian
Conference: International Symposium “The Environment and the Industry”
Date: October 29-30, 2013
Location: Bucharest, Romania
Published: 2013
Volume: I
Keywords:
Environmental costs
Composite index
Eco-efficiency
Environmental costs
Composite index
Eco-efficiency
Abstract:
Compliance of Romanian industrial organizations to European Union environmental regulations constitutes a premise for sound environmental performance and is accompanied by important costs. A clear identification and evaluation of both tangible and intangible environmental costs incurred within an industrial organisation / sector represents the baseline for proper managerial decisions. The proposed composite index is taking into account the main environmental costs identified within the organisation / sector and is representing an important base for decisions related to the improvement of both economic and environmental performance of organisation / sector. A methodology for both identification of tangible / intangible environmental costs and calculation of environmental costs composite index was developed based on available United Nations – Environmental Management Accounting and Material Flow Cost Accounting – ISO 14051 procedures. The methodology was applied in a first step at the level of an industrial organisation from energy production sector and then translated to the sectorial level. Its application resulted in a set of measures to be implemented at the level of industrial organisation in order to improve its performances and options for sustainable development of the energy production sector. A set of eco-efficiency indicators to be applied at the level of organisation and industrial sector was also developed in order to assess their environmental performances.
Compliance of Romanian industrial organizations to European Union environmental regulations constitutes a premise for sound environmental performance and is accompanied by important costs. A clear identification and evaluation of both tangible and intangible environmental costs incurred within an industrial organisation / sector represents the baseline for proper managerial decisions. The proposed composite index is taking into account the main environmental costs identified within the organisation / sector and is representing an important base for decisions related to the improvement of both economic and environmental performance of organisation / sector. A methodology for both identification of tangible / intangible environmental costs and calculation of environmental costs composite index was developed based on available United Nations – Environmental Management Accounting and Material Flow Cost Accounting – ISO 14051 procedures. The methodology was applied in a first step at the level of an industrial organisation from energy production sector and then translated to the sectorial level. Its application resulted in a set of measures to be implemented at the level of industrial organisation in order to improve its performances and options for sustainable development of the energy production sector. A set of eco-efficiency indicators to be applied at the level of organisation and industrial sector was also developed in order to assess their environmental performances.