Energy efficiency, corporate social responsibility, and sustainable development

  • The economical and ecological impact of a company's actions on society requires a manager to consider his acts in terms of the (in)efficiency and (in)effectiveness toward the environmental protection issues and holds him responsible for the effects of his acts in the field of the rational use of energy sources. The increase in use of fossil fuels in industry sector has a negative environmental impact. Thus, the key factor to energy efficiency is management. It can be easier to increase the profitability of a company by reducing energy costs and by upgrading the Reputation of socially responsible enterprise then by increasing sales and turnover. The aim of this paper is to demonstrate that Company's reputation is a measurable category depending not only on the sales and profit, but on the environmental impact of the Company's actions.
  • Keywords
    corporate social responsibility, energy efficiency, corporate social performance, sustainable development, business ethics, business excellence model, reputation, stake-holders
  • Pages
    37 - 46
  • UDC
    0350-218X, 35 (2009), 1, 37-46
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