What is Eco-Efficiency

1.

Philosophy that aims to encourage entities achieve environmental improvements that yield simultaneous economic benefits. Learn more in: Towards Industry 4.0: Efficient and Sustainable Manufacturing Leveraging MTEF – MTEF-MAESTRI Total Efficiency Framework

2.

A strategy that emphasize on resource and energy optimization and waste minimization. It advocates balance development between economic and ecology. Learn more in: Ecological Performance as a New Metric to Measure Green Supply Chain Practices

3.

This is usually calculated as the economic value added by a firm in relation to its aggregated ecological impact. Learn more in: Sustainable Consumption and Green Marketing in Developing Countries: Contemporary Perspective Using Nigeria and Kenya as Case Studies

4.

A strategy that emphasize on resource and energy optimization and waste minimization. It advocates balance development between economic and ecology. Learn more in: Ecological Performance as a New Metric to Measure Green Supply Chain Practices

5.

A process of reducing ecological damage and at the same time maximizing the efficiency of company’s production process utilising less water, material, and energy while recycling. Learn more in: Knowledge Management for the Circular Economy

6.

A concept based on the principles of the use of high efficiency production methods and technology, the use of less energy and natural resources for the same amount of production and the more advanced waste management system. As a concept and strategy approach it also enables efficient use of productive capacity sources alongside with preservation of equality in terms of environmental economy. Integrative and pro-active concepts of eco-efficiency have an extensive impact on environment composing a wide range of economic and social benefits. Learn more in: Strategic Directions in European Sustainable City Management

7.

The relationship between the value of the product or service produced by a company and the sum of environmental impacts throughout its life cycle. Learn more in: Corporate Social Responsibility (CSR) and the 2030 Agenda in the Framework of New Trends in Tourism and Hotel Companies' Performance

8.

Balanced action of the economic and social pillars of sustainability through the pursuit of economic prosperity through more efficient use of resources and reduction of environmental degradation. Learn more in: Alignment of Organizational Competence for Sustainability With Dimensions of the Triple Bottom Line