According to widely held beliefs, environmental protection is associated with an increase in costs for businesses imposed by the government. Over the last decade, this view has been challenged by a number of analysts. They have identified many possibilities, from a conceptual or theoretical point of view, whereby firms could offset the costs of sustaining the environment with higher profits.
First, a better environmental performance can lead to an increase in revenues through the following channels: i) a better access to certain markets; ii) the possibility to differentiate products, and iii) the possibility to sell pollution-control technology. Second, a better environmental performance can lead to cost reductions in the following categories: iv) regulatory costs; v) cost of material, energy and services; vi) cost of capital, and vii) cost of labour.
The purpose of this report is to provide empirical evidence supporting the existence of these opportunities and to assess their magnitude. For each of the seven possibilities identified above, we provide a discussion of the mechanisms involved and a systematic view of the empirical evidence available. The objective of this paper is not to show that a reduction of pollution is always accompanied by a better financial performance, it is rather to argue that the expenses incurred to reduce pollution can sometimes be partly or completely compensated by gains made elsewhere. Through a systematic examination of all the possibilities, we want to identify the circumstances most likely to lead to a “winwin” situation, i.e., better environmental and financial performance.

Voir le document

Dernières publications

2017MO-02 MO
Perception des risques - Baromètre Cirano 2017
Nathalie de Marcellis-Warin et Ingrid Peignier
Voir le document

2017MO-01 MO
Le Québec économique 6 : Le défi des infrastructures
Marcelin Joanis, Andrés Ardila, Josée Beaudoin, Laurent-David Beaulieu, Dorothée Boccanfuso, Bernard Boire, Stéphanie Boulenger, Jean-Philippe Charron, Jean-Claude Cloutier, Bernard Dafflon, Nathalie de Marcellis-Warin, Clélia Desmettre, Kodjovi M. Eklou, Étienne Farvaque, Mario Fortin, Richard Gagné, Roger Galipeau, Stéphanie Lapierre, Geneviève Lefebvre, Jean-Philippe Meloche, Mathieu Paquet, Ingrid Peignier, Serge Pourreaux, Diane Riopel, Luc Savard, Alexandre Skerlj et François Vaillancourt
Voir le document

2017s-05 CS
Forecasting economic activity in data-rich environment
Maxime Leroux, Rachidi Kotchoni et Dalibor Stevanovic
Voir le document

2017s-04 CS
Decision to Emigrate Amongst the Youth in Lebanon
Ghassan Dibeh, Ali Fakih et Walid Marrouch
Voir le document

2017s-03 CS
Gender Peer Effects Heterogeneity in Obesity
Rokhaya Dieye et Bernard Fortin
Voir le document

Centre interuniversitaire de recherche en analyse des organisations
1130 rue Sherbrooke Ouest, suite 1400
Montréal, Québec (Canada) H3A 2M8
(514) 985-4000
(514) 985-4039

© 2017 CIRANO. Tous droits réservés.

Partenaire de :