An organization’s environmental footprint (water, chemicals, energy, waste, etc.) is an essential component to maximizing its long-term profitability and fully understanding its risk management profile. Incorporating cost-management information derived using full social and environmental cost accounting or a life-cycle assessment can help facility and environmental managers identify and quantify impacts related to both current and future operational risks.
Georgia Pacific’s Environmental Footprint Management Strategy
Through MetaVu’s engagement with Georgia Pacific’s domestic and international divisions, the following recommendations were developed to enhance the company’s overall efforts on sustainable value creation and shareholder value add:
- Key high-margin products that needed Life Cycle Assessments to determine the predominant areas of environmental impact.
- Undertake numerous facility analyses to determine critical areas of environmental impact and associated with community / social engagement risk factors
- Recommend Facility-wide energy efficiency assessments to identify opportunities of potential energy cost reductions.
- Undertake environmental assessments, in key European Divisions, to determine the application and efficacy of Environmental labeling concerning carbon content.