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Environmental investment recovery practices and opportunities: Lessons from project RENEWAL
Author(s) -
Russell William G.
Publication year - 1995
Publication title -
environmental quality management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.249
H-Index - 27
eISSN - 1520-6483
pISSN - 1088-1913
DOI - 10.1002/tqem.3310050207
Subject(s) - profitability index , business , asset (computer security) , liability , investment (military) , government (linguistics) , resource (disambiguation) , quality (philosophy) , finance , environmental resource management , environmental economics , economics , computer network , linguistics , philosophy , computer security , epistemology , politics , computer science , political science , law
In the Autumn 1994 issue of Total Quality Environmental Management you learned about Project RENEWAL, a cooperative business project to investigate and promote the linkages between ecology, technology, and business economics. Project RENEWAL stands for Resource Efficiency Network to Eliminate Waste and Liability. This collaborative effort focused on equipment and inventory assets, exploring how better capital asset management can benefit profitability and improve environmental protection. Participants in the project included representatives from industry, consulting, local and state government, environmental agencies, trade groups, and academia. This article describes three specific activities conducted by the RENEWAL participants and suggests ways to improve the success of future projects looking to improve the investment recovery of “impaired” capital assets.