4 REASONS WHY COMPLIANCE IS IMPORTANT FOR YOUR BUSINESS
Environmental compliance is a concern for many businesses, small and large, who are directly affected by regulations, standards and reporting requirements. Environmental regulations are numerous and cover aspects such as air quality, oil storage, waste, hazardous materials and water pollution.
Today’s complex and ever changing regulations are difficult to keep up to date with, especially with so many other business priorities and limited resources. So what are the top four reasons for devoting time and effort to environmental compliance?
1. The environment is the obvious winner. Legal compliance reduces the risk of environmental incidents by controlling potentially hazardous practices, processes and materials. Although important for all organisations, those in the construction, manufacturing or agricultural sectors pose specific and significant risks.
2. Financial savings are another key benefit of compliance. Not only is the chance of a pollution incident and subsequent fine from the Environment Agency reduced, cleanup costs are also avoided, as are the costs related to a damaged reputation or bad publicity. Financial saving also arise due to increased efficiencies implemented to meet requirements covering waste and pollution.
3. Legal compliance is essential for a responsible corporate image and can often give an advantage over competitors. Bids for major contracts often feature environmental elements, including the requirement to disclose any prosecutions or fines. Customers and clients are increasingly looking to companies with good environmental performance and the pressure to disclose how environmental issues are addressed continues to escalate.
4. Monitoring and integration of legal compliance is essential for ISO 14001 certification, which requires the development of a Legal Register and regular audits to be conducted, with non-conformances swiftly rectified. ISO 14001 requires a systematic approach to sustainability management, which has far reaching benefits, including reduced risks and impacts and the ability to demonstrate an organisation’s commitment to environmental protection.
For more information on how E2O can help your business improve its compliance, get in touch today.