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Some alternative materials that are recycled/recyclable and/or less damaging to the environment can lead to companies incurring increased costs. Though this is common when any product begins to carry the true cost of its production (producer pays, producer responsibility laws, take-back laws).
Corporate social responsibility may cover: A company running its business responsibly in relation to internal stakeholders ( shareholders , employees , customers and suppliers) The role of business in relation to the state (locally and nationally) as well as to inter-state institutions or standards
Sustainability standards can be categorized as either voluntary consensus standards or private standards. International Organization for Standardization (ISO) is an example of an standards organization who develop international standards following a voluntary consensus process for sustainability under Technical Committee 207, Environmental management and Technical Committee 268, Sustainable ...
Supply-chain sustainability is the management of environmental, social and economic impacts and the encouragement of good governance practices, throughout the lifecycles of goods and services. [1] There is a growing need for integrating sustainable choices into supply-chain management .
Product stewardship is an approach to managing the environmental impacts of different products and materials and at different stages in their production, use and disposal. . It acknowledges that those involved in producing, selling, using and disposing of products have a shared responsibility to ensure that those products or materials are managed in a way that reduces their impact, throughout ...
ISO 26000 is a set of international standards for social responsibility.It was developed in November 2010 by International Organization for Standardization.The goal of it is to contribute to global sustainable development by encouraging business and other organizations to practice social responsibility to improve their impacts on their workers, their natural environments and their communities.
Sustainable Materials Management is a broad approach that overlaps and supplements many programs and concepts being adopted by governments and business around the world including zero waste, green chemistry, eco-labeling, sustainable supply-chain management, lean manufacturing, green procurement, the US EPA’s Design for the Environment ...
Resource recovery can be enabled by changes in government policy and regulation, circular economy infrastructure such as improved 'binfrastructure' to promote source separation and waste collection, reuse and recycling, [5] innovative circular business models, [6] and valuing materials and products in terms of their economic but also their social and environmental costs and benefits. [7]