Fiscal environmentalism
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Fiscal Environmentalism is a
financial discipline
, associated with each.
Concept
Traditional practices of
holistic
approach.
Fiscal environmentalism is a useful term for individuals who are familiar with either of the philosophies, and is related to very general concepts such as "
Environmental Management
Systems. Compared to these other terms, fiscal environmentalism emphasizes fiscal discipline. It is used in discussions with business leaders who are looking to answer public demand for increased environmental awareness while still focusing on bottom-line success.
Corporate examples
Recent examples of fiscal environmentalism include the rise of
compact fluorescent light bulbs.[1]
According to a global Newsweek ranking, which measures how effectively the top 100 companies manage environmental risks and opportunities relative to their industry peers, Royal Bank of Canada is the most environmentally friendly company in the world.[2] Other companies in the top five include Lafarge, Grupo Ferrovial, Westpac and Yell Group.[citation needed]
See also
References
- ^ Wal-Mart Aims To Sell 100 Million Compact Fluorescents In One Year Archived 2011-10-25 at the Wayback Machine, TreeHugger
- ^ Global-Warming Ready, Newsweek, 8 April 2007, Accessed 19 July 2007