Risk Assessment as ISO 14001 Benefits

The Wharton school of business studied the benefits associated with an ISO 14001 EMS certification and found hard evidence.

They found benefits that go beyond bottom line improvements.  From their study:

  • 96.5% indicated a contribution to improved environmental performance of their product
  • 98.3% indicated an improvement in emergency preparedness
  • 84.6 indicated a reduction in permit violations
  • 91.9% indicated a reduction of utility consumption
  • 96.7% of respondents indicated a reduction in wasteISO 14001 Certification, EMS, Environmental Management
  • 93.3% indicated an increase in the use of recycled materials
  • 90.0% indicated a reduction in environmental incidents
65% of the organization that estimated first-year cost savings showed up to $25,000.  27% of those reported savings of up to $100,000.  Also 40% found a significant matching between ISO 14001 certification and improved relationships with the government agencies.

Over 60% of organizations studied a very high correlation between the ISO 14001 management system practices and their day-to-day operations.


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Automotive

  • IATF 16949
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