The document discusses the various sources of environmental pressures facing businesses, including regulators, shareholders, customers, insurers, public, media, and pressure groups. It notes that customers are demanding more sustainable products and exerting pressure through their purchasing power. Market trends are also shifting away from harmful chemicals and certain gases. Additionally, insurers require businesses to implement strong risk management and environmental management systems to obtain environmental impairment liability insurance.
The document discusses the various sources of environmental pressures facing businesses, including regulators, shareholders, customers, insurers, public, media, and pressure groups. It notes that customers are demanding more sustainable products and exerting pressure through their purchasing power. Market trends are also shifting away from harmful chemicals and certain gases. Additionally, insurers require businesses to implement strong risk management and environmental management systems to obtain environmental impairment liability insurance.
The document discusses the various sources of environmental pressures facing businesses, including regulators, shareholders, customers, insurers, public, media, and pressure groups. It notes that customers are demanding more sustainable products and exerting pressure through their purchasing power. Market trends are also shifting away from harmful chemicals and certain gases. Additionally, insurers require businesses to implement strong risk management and environmental management systems to obtain environmental impairment liability insurance.
Source of Environmental Concerns Facing Businesses
Pressure Groups
Regulators
Shareholders
Public
Insurers
MANAGEMENT
Environmental Pressures - Customer Requirements
Commercial pressure to improve may pass right up the supply chain
Customers exercise their right to buy
Certification of EMS and products is developing rapidly Peer pressure relates to larger organisations
Environmental Pressures - Market Trends
Some Examples Pesticides, refrigerants and solvents usage changed Solvent use is reducing due to water-based alternatives Wood alternatives are being developed Sodium hexafluoride (SF6) market as insulating gas under threat
Environmental Pressures - Financial and Insurance
Cover used to be very broad and non-specific (Conventional Public Liability Cover) Environmental Impairment Liability Insurance available Insured must exercise high level of risk management and site operation. Requires management system in place
Environmental Pressures - Public, Media & Pressure Groups
The Public - Concerned about the effects of pollution on a local level
The Media Always on the lookout for a story
Greenpeace & Friends of the Earth Now using Internet to disseminate information