The effect of the ISO-14001 environmental management system on corporate financial performance

2008 ◽  
Vol 1 (1/2) ◽  
pp. 210 ◽  
Author(s):  
Jiangning Zhao
2021 ◽  
Vol 19 (1) ◽  
pp. 15-29
Author(s):  
Berwin Anggara ◽  
Vera Apri Dina Safitri ◽  
Isbahna Naz

This research aims to examine the determination of the Environmental Management System (EMS) and environmental performance on the company's financial performance as moderated by foreign ownership in the stock structure of manufacturing companies listed on the Indonesia Stock Exchange. This research uses a quantitative method by analyzing 27 manufacturing companies listed on the IDX through purposive sampling-based sample selection, then data analysis using the moderated regression analysis method. The results showed that foreign ownership could not moderate the effect of EMS proxied by ISO 14001 certification on the financial performance of the entity proxied by ROA, but on the other hand, the structure of foreign ownership shares could positively and significantly moderate the effect of environmental performance proxied by PROPER KLHK. on the entity's financial performance. Meanwhile, if tested directly, neither EMS nor environmental performance has an effect on the company's financial performance.


2009 ◽  
Vol 2 (1) ◽  
pp. 61 ◽  
Author(s):  
Fernando Magnani Cervelini ◽  
Maria Tereza Saraiva Souza

The aim of this work is to identify the contributions of the Cleaner Production Program to the Environmental Management System certified to ISO 14000. The results of the research indicate that the procedure standardization demanded by normalization leads the company to adopt environmentally adequate procedures; besides, the implementation of the Cleaner Production Program acts as a complementary tool in the EMS, with a view to improving environmental performance.


2021 ◽  
Vol 18 (2) ◽  
pp. 186-196
Author(s):  
Imam Mubasyir ◽  
Wahyuni Susilowati ◽  
Jonathan Saputra

Infrastructure development, according to the Strategic Plan of the Ministry of PUPR 2020-2024, is prioritized to support basic services, economic development, and urban development. The implementation of infrastructure development is strived to increase economic growth. However, non-compliance with quality standards is still a problem in infrastructure development. One of the quality standards that is often overlooked is the environmental management system to ensure environmental quality in construction projects. There is a need for environmental management on a project that runs according to the standards planned and the importance of implementing environmental management in the project. Therefore, a detailed study is needed in identifying and analyzing the implementation of the environmental management system and the constraints on its implementation in construction projects obtained by scientific questionnaire method and observation with contractor employees as internal parties and construction management consultant employees and owners as external parties in a construction project in Jakarta. The data were analyzed by using statistical tests with multiple linear regression, seeing its application in the field, and analyzing supporting documents. The clauses that are considered in the ISO 14001:2015 environmental management system are clauses 4-10. The results of the analysis show that clause 5 is the clause with the highest application effect with a regression coefficient of 0.967. Factors that become obstacles and need special attention in this project are clauses 4, 6, and 10.


2020 ◽  
Vol 13 (1) ◽  
pp. 135-142
Author(s):  
A.A. Rementsov ◽  

This article explores the implementation of ISO (ISO) 14001, an environmental management standard that offers organizations that have components of a productive environmental management system to achieve their environmental and economic goals. In particular, the theoretical aspects of emerging risks and the benefits of implementing the standard have been studied. The necessity of introducing an environmental management standard in large, small and medium-sized organizations is substantiated


2019 ◽  
Vol 11 (19) ◽  
pp. 5311 ◽  
Author(s):  
Ionut Viorel Herghiligiu ◽  
Ioan-Bogdan Robu ◽  
Marius Pislaru ◽  
Adrian Vilcu ◽  
Anca Laura Asandului ◽  
...  

Companies constantly thrive to enhance their performance in order to achieve their environmental, social, and economic goals. One way to achieve these goals is to integrate some effective management tools, such as an environmental management system (EMS), that can support sustainable development and value creation. Based on the literature, in this study some EMS integration dimensions were identified that can be used to assess its influence on business performance. The study was conducted on SMEs listed on the AeRO-Bucharest Stock Exchange that voluntary apply the ISO 14001 EMS, using a quantitative approach. To assess the EMS integration score, principal component analysis was used. Using logistic regression analysis, business performance probability (quantified by return on assets) was estimated for each company included in the final sample. Fuzzy logic was further used for modelling the influence of EMS integration on business performance probability. The research results showed that EMS integration has different effects on business performance probability, considering the influence of activity field and environmental management experience. This research assertion could be extended for all the listed Romanian companies or for major companies at the EU level.


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