Policy Briefing: Competitiveness, Sustainability and the Environment
online resourceposted on 2019-05-31, 00:27 authored by Mark Bowler-SmithMark Bowler-Smith, Suzanne WoodwardSuzanne Woodward
How might domestic firms enjoy profitability and international competitiveness with fewer harmful environmental impacts? Private firms that either produce material goods or use physical inputs in supplying services can improve their profitability by increasing their resource productivity. Not only does a positive change in resource productivity mean increased profitability for the individual firm, but it also means a dramatic improvement in the impact of business on the environment, particularly with regards to climate change and the depletion of natural resources.