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Defining Eco‐efficiency: A Case Study on the Finnish Forest Industry

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  • Marileena Koskela
  • Jarmo Vehmas

Abstract

Environmental reporting is a tool of corporate environmental management that can also be used as research material. The aim of this paper is to produce a comprehensive definition of eco‐efficiency based on the literature and then compare it with definitions identified in the environmental reports published by selected companies. In addition, this paper presents a conceptual framework of the relationship between environmental and economic performance in the companies. Three Finnish companies in the forest industry are selected as case companies. This analysis reviews environmental reports published by the companies from 1998 to 2007. In short, eco‐efficiency can be seen either as an indicator of environmental performance, or as a business strategy for sustainable development. The case companies very seldom give an exact definition of eco‐efficiency in their environmental reports. However, different aspects of eco‐efficiency are often referred to. Copyright © 2012 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Marileena Koskela & Jarmo Vehmas, 2012. "Defining Eco‐efficiency: A Case Study on the Finnish Forest Industry," Business Strategy and the Environment, Wiley Blackwell, vol. 21(8), pages 546-566, December.
    • Handle: RePEc:bla:bstrat:v:21:y:2012:i:8:p:546-566
    DOI: 10.1002/bse.741
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    2. Xuefen Liu & Chang Gan & Mihai Voda, 2024. "Analysis of the Effect of Environmental Regulation on Eco-Efficiency of Service Sector," Sustainability, MDPI, vol. 16(13), pages 1-20, July.

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