Nonfinancial (Operational) Control Measures: Environmental Performance Assumethat the company for which you are working is interested in implementing a comprehensivemonitoring and control system regarding environmental performance. The company is convinced that improved performance in this area will lead to reduced costs, an improved corporate image, greater market share, and ultimately to greater financial returns. To supplement anumber of financial performance indicators in the area of environmental quality, the companyis interested in developing a set of nonfinancial performance indicators, which (it is hoped) willmotivate better environmental quality. In this regard, the company has embraced five strategic objectives: minimize hazardous materials, minimize raw/virgin materials usage, minimizeenergy requirements, minimize release of residues into the environment, and maximize opportunities to recycle.RequiredFor each of the five strategic objectives referenced above, provide at least two relevant nonfinancial performance indicators that could lead to improved environmental performance.
Nonfinancial (Operational) Control Measures: Environmental Performance Assume
that the company for which you are working is interested in implementing a comprehensive
monitoring and
number of financial performance indicators in the area of environmental quality, the company
is interested in developing a set of nonfinancial performance indicators, which (it is hoped) will
motivate better environmental quality. In this regard, the company has embraced five strategic objectives: minimize hazardous materials, minimize raw/virgin materials usage, minimize
energy requirements, minimize release of residues into the environment, and maximize opportunities to recycle.
Required
For each of the five strategic objectives referenced above, provide at least two relevant nonfinancial performance indicators that could lead to improved environmental performance.
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