The Economics of ISO 14001
– 13th Jan 2009 by Alex Briggs
BT Germany has just become the 5th BT country to be certified against the global environmental management system standard, ISO 14001, following a four-day external audit by Lloyd’s Register Quality Assurance (LRQA).
Jens Krause, BT Germany’s quality manager commented on the value of ISO 14001 certification, “As well as helping to retain business, we believe the improvements will save more than €900,000 each year, and cut our carbon footprint by 12 tonnes.”
Today’s non financial reporting models are broken. The problem isn’t that CSR reports are ‘greenwash’. Or even that they are unread, unloved data dumps. The problem is materiality - determining and reporting on the non financial factors which really matter.