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072<br />
UNIT 4: ENVIRONMENT MANAGEMENT SYSTEMS<br />
THE BENEFITS OF EMS<br />
• EMS enables tourism businesses to comply with, and even exceed,<br />
environment legislation.<br />
• EMS lowers costs by reducing resource use, improving operating<br />
efficiency, lowering waste output and avoiding non-compliance fines.<br />
• EMS makes a property a safer and healthier environment for<br />
employees and visitors. Work related accidents, occupational illnesses<br />
and related absenteeism can therefore be reduced.<br />
• Along with the growth of public environment awareness, tourists<br />
are demanding ‘greener’ services. EMS enables businesses to meet<br />
this demand. The growth of tourism eco-labels and environment<br />
awards is a strong indication of the growing response of tourists to<br />
environmentally responsible services.<br />
• Banks and insurance companies now require information on<br />
environment performance when making lending and coverage<br />
decisions. In 1997, UNEP brokered the Statement by Financial<br />
Institutions on Environment and Sustainable Development, a<br />
commitment by 104 signatories to improve environment management<br />
and adopt industry best practice in credit risk management,<br />
reduction of energy and materials use and waste management. The<br />
signatories include a range of financial institutions: commercial and<br />
investment banks, venture capitalists, asset managers and multilateral<br />
development banks. As a spin-off from this initiative, over 70 insurance<br />
companies from 25 countries have come together under UNEP to form<br />
UNEP Insurance Industry Initiative for the Environment.<br />
• Corporate social responsibility is a growing agenda. Companies are<br />
no longer judged by their profit alone and face mounting pressure<br />
to participate in improving the quality of life of their customers,<br />
employees and the wider society within which they operate. EMS is the<br />
first critical step in this direction.<br />
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