DEFINITION of ‘Environmental Management’
Environmental management refers to management of the impact of human activities, interactions, products and services on the environment. The objective of environmental management is to reduce human negative impact and to ensure preservation of the ecosystems and environmental resources for the future human generations as well as other species and their habitats. Nowadays, environmental management is a way of conducting successful business. Companies that do not implement effective environmental management are likely to be at a disadvantage compared to their sustainable competitions.
BREAKING DOWN ‘Environmental Management.’
In the past several decades, industrialization provided increased job opportunity and lifestyle changes to humanity. However, this came at a cost leading to polluted air, soil, and water, depleted natural resources, and global warming. The rate of industrial damage to the environment is much faster than the time nature requires to recover and replinish natural resources. This concerning phenonmenon led to the rise of environmental management. For instance, for a company to produce a product, specific resources are needed and waste products will be produced. Through an environmental management system, the company ensures to make responsible choices that allow sustainability and ensure minimum harm to the environment