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Research: The Profitable Correlation
"The Profitable Correlation Between Environmental and Financial Performance: A Review of the Research" was commissioned by
Light Green Advisors (LGA) for the purpose of demonstrating that recent research has shown that environmental performance is related to the corporate 'bottom-line.'
The Profitable Correlation presents the principal findings of 20 of the 'best' empirical studies conducted over the last decade on the environment/profitability link; and, in addition, 20 non-quantitative papers that are representative of recent theoretical or corroborative work on the environmental management/financial performance relationship.
The wide variety of environmental criteria and financial measures tested in the The Profitable Correlation studies indicates that no single environmental criterion or type of criteria, and no single financial measure or type of measure, can be isolated as sole indicator of the environment/finance relationship.
The empirical studies reviewed in The Profitable Correlation evaluate the impact corporate environmental performance and environmental actions have on the 'bottom-line' of actual companies; and, moreover, they all employ environmental criteria generated by government or independent (that is, non-industry) sources and test for verifiable, commonly-reported financial measures.
Case Study - Oil & Gas Industry
GHG Emissions Trading Regulatory & Commerial Overview
* PDF file requiring Adobe Acrobat. Click here to download.
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