Voluntary Standards and Determinants

Analysis of ISO 14001 certification

Authored by: Yutaka Ito , Shunsuke Managi , Toshi H. Arimura

The Routledge Handbook of Environmental Economics in Asia

Print publication date:  March  2015
Online publication date:  February  2015

Print ISBN: 9780415656450
eBook ISBN: 9781315746289
Adobe ISBN: 9781317597872

10.4324/9781315746289.ch25

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Abstract

Pursuing sustainability is becoming a key business imperative, and an increasing number of companies have recognized the importance of considering the future of both people and the planet for the long-term success of their businesses (Hay et al., 2005; Kleindorfer et al., 2005; Fujii et al., 2013). Because of the impact of business activities on the three “pillars of sustainability” (i.e., profit, people, and planet) (Elkington, 1994), public concerns for the management of emissions by facility oversight, corporate social responsibility, environmentally friendly products, and the adoption of voluntary standards have been increasing over the past several decades.

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