Abstract
Tomas Bata University in Zlin [VaVIP-RO/2018/03]; Environmental and energy risk management in relation to the triple bottom line concept within selected industrial sector in the Czech Republic [IGA/FaME/2017/016]
Highlights
Organizations are pressed to initiate ecological practices, for instance environmental or energy management systems (EMS, EnMS), green balanced scorecard and green supply chain management
The paper addresses corporate environmental policy practices concentrating on the current relationship of business activities towards environmental management in the Czech Republic
Three levels of environmental management system (EMS) were identified: legal, basic and mature, and nine research questions were evaluated according to the requirements of International Organization for Standardization (ISO) 14001: 2015
Summary
Organizations are pressed to initiate ecological practices, for instance environmental or energy management systems (EMS, EnMS), green balanced scorecard and green supply chain management. Legislative requirements, cost reduction pressure and a need for risk-based thinking push forward the motivation to invest in sustainable projects (Buganová & Hudáková, 2015). Social changes such as urbanization, sharing and circulation economy influence business activities, reflecting a growing public pressure and in the overall image of the company. The product and process innovations allow for additional benefits, including cost savings From this point of view, the environmental responsibility should be seen as a competitive advantage and as an inconvenient cost (Porter & van der Linde, 1995; Moumen, El Idrissi, Tvaronavičienė, & Lahrach, 2019; Dabyltayeva & Rakhymzhan, 2019)
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
