1. Sustainable Environmental
Management

2. The Environmental
Challenges to Business
Dr Rajul Singh

3. Course objectives
• Use environmental management and
sustainable development as tools to
counter global business concerns
like climate change and natural
resource depletion .
• Identify the appropriate
environmental tools and techniques
for business to reduce its impact on
the environment .
• Apply Environmental Management

4. Course Overview
• Session 1- Environmental challenges to
business
• Session 2- Environmental strategies for
business
• Session 3- Environmental Management Tools
• Session 4- Environment Management
Systems

5. Course Overview
• Session 5 -Trade and Environment
• Session 6 - International and national
regulations related to environment
• Session 7 - Class Test
• Session 8 -Corporate Environmental
Reporting (CER)
• Session 9 - Green Business and Green
Growth in Indian context
• Session 10 – Guest Lecture

6. Session Overview
➲W h a t is t h e r e la t io n
b e t w e e n E n v ir o n m e n t
a n d B u s in e s s ?
➲H o w c a n t h e
e n v ir o n m e n t a f f e c t
b u s in e s s ?
➲W h a t c a n b e d o n e t o
b e n e f it B u s in e s s a n d

7. What is the biggest challenge
before us ?
➲ Climate Change (CC) is one of the most
critical global challenges faced in the 21st
century.
➲ It is a change in climate attributed directly or
indirectly to human activity that alters the
composition of the global atmosphere and
which is in addition to natural climate
variability.

8. How does the Environment affect
Business ??
➲ Apart form the obvious
effects on the existence of
living beings, the
environment poses many
types of business risks.
➲ Risks to

9. Business and Environment

11. Environmental Risks to Business
➲ The following are the environmental risks to
business
Regulatory Physical
Operational Risks
Risks
Risks

Decreased •
Natural Disasters

Legislations &
productivity •
Changing climate
Policies 
Resource crunch patterns

Production loss

12. Environmental Risks to business
Investment/ Reputational
Insurance Risks
Related risks 
Carbon Disclosure

Increasing 
Shareholder
Insurance Premiums Activism

High depreciation 
Consumer
costs preferences

13. Environmental Challenges to
Indian Business
Environment not seen as a
source competitive
advantage
Trade - off Between Cost &
Competitiveness
Dominance of Small &
Medium Scale Sectors
•
Low material productivity

14. Conclusion
Indian industry is responding to the environmental imperatives but not
to the desired levels.
Large corporations do voluntarily implement environmental policies
and try to meet international standards.
However, due to lack of facilities, technological innovations,
dominance of small scale industries, poor awareness and concern
many corporations evade environmental compliance.
There is a need for understanding decision making processes of
corporations in India to systematically integrate environmental issues
in the strategy development and implementation.