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The EMS plays a very important role in ensuring that, far beyond
mere compliance, the company is protecting and conserving the
environment by being conscious about the impact of its operations
to the surrounding environment.
Being certified has both the monetary and nonmonetary benefits to the company.
1. MONETARY BENEFITS
Improvement in cost control – aiming to reduce wastes prompts the company to
efficiently use its resources including raw materials used in manufacturing, electrical
power, water, fuel, and other materials the company uses in its daily business
operations. Efficiency is achieving the most number of results (in products or
services) with the least amount of resources. With this in mind, there will be better
control in the procurement of materials, finding multiple uses for a single material, and
even finding alternatives for raw materials by prioritizing those that are
environmentally friendly.
Being certified has both the monetary and nonmonetary benefits to the company.
1. MONETARY BENEFITS
Keeping penalties at bay – having an established EMS helps the company to
constantly monitor its compliances with the environmental laws and regulations of its
internal and external interested parties. Not missing on any compliance requirements
prevents any penalties that the company might incur otherwise.
Being certified has both the monetary and nonmonetary benefits to the company.
1. MONETARY BENEFITS
Better access to external financing – the Philippines’ Department of Environment
and Natural Resources has implemented measures that favors the companies that
has an established and proven effective EMS by granting them priority in bank
financing, government subsidies, or reduced fees and lenient monitoring among other
benefits. Internationally, investors prefer financing companies that has shown strong
commitment to environmental protection and conservation and without legal cases
owing to environmental breaches.
Being certified has both the monetary and nonmonetary benefits to the company.
2. NONMONETARY BENEFITS
a. Better company image and credibility
• Preferred by customers – being certified increases the company’s
competitive advantage both locally and internationally. As more and more
customers are “going green,” organizations have understood that
environmental concerns impact the consumers’ purchasing decision and
therefore prefers to patronize products and services from companies that
exercise proven environmental responsibility as certified by independent
certifying body.
Being certified has both the monetary and nonmonetary benefits to the company.
2. NONMONETARY BENEFITS
a. Better company image and credibility
• Preferred by professionals – as with customers, ISO 14001:2015
certified companies have also been increasingly preferred by
professionals as the right place to work for as having sustainable
operations would mean secure employment and gives employees pride of
workmanship, contributing to better job satisfaction.
Being certified has both the monetary and nonmonetary benefits to the company.
2. NONMONETARY BENEFITS
b. Having environmentally responsible employees – with the problem on
climate change gaining more prominence as an international concern and upon
realizing that it affects the quality of life of every individual and depletes the
resources such as food and water at a faster rate annually, companies that
effectively communicates the EMS to its employees will have a workforce that is
not only productive but also environmentally responsible even outside of work.