Cost and utility of environmental management

A case study carried out at Duffield Printers, a small printing firm performing an environmental review towards registration under BS 7750, reported that as a result of the review, their use of chemicals could be reduced by 50% and some solvents could even be totally eliminated. Additional improvements in aspects of quality and in the cost of lighting led to total savings approaching 10,000 per year [21]. 

Expenditure for compliance with company policies and for environmental reviews, auditing procedures, verification, and registration can vary according to company size. Consultation fees of 10,000-50,000 can be expected for small companies, with an addition of 10,000-20,000 for intermediate size companies. Results from the UK report costs of 15,000 for internal preparation and an additional 7000 for external verification [22]. 

The Good Money averages include (as far as is possible) the same number of companies within the same industrial sectors as those in the Dow Jones Averages. This selection takes account of additional criteria of an environmental nature such as for example [10]  

---