What does EVM mean in MANAGEMENT

Environmental Management is the process of managing an organization's operations to reduce its environmental impacts and mitigate the risks associated with those impacts. It involves making decisions, taking action and monitoring performance related to preventing or minimizing negative environmental impacts.

The goals of Environmental Management are to conserve natural resources, reduce pollution, create sustainable systems, comply with regulations and legislation, promote responsibility within organizations and ensure that human health and safety are protected.

Companies can achieve good environmental practices by developing a system that defines their values in relation to their environmental responsibilities, instituting processes for identifying potential environmental risks and impacts from operations and products, implementing policies for reducing emissions, managing hazardous materials safely, investing in renewable energy sources, and tracking progress through regular reporting.

Some examples of environmental regulations include the Clean Air Act; Resource Conservation and Recovery Act; Toxic Substances Control Act; Comprehensive Environmental Response, Compensation & Liability Act; National Pollution Discharge Elimination System; Federal Water Pollution Control Act; Occupational Safety & Health Administration (OSHA) regulations; Endangered Species Act; Noise Control Act; Clean Water Act; Resource Conservation & Recovery Act.

Some common types of pollution include air pollution such as smog & ozone depletion, water pollution such as sediment runoff & chemical dumping into rivers or oceans, soil contamination/erosion due to mining activities or industrial processes like acid rain from burning fossil fuels and hazardous waste which is often created by factories or laboratories.

Organizations can implement sustainable practices by adopting green technologies such as solar power or wind energy into production processes as opposed to traditional forms of energy production like coal-fired plants. They can also reduce waste generation by focusing on reuse & recyclable materials whenever possible instead of buying new resources every time they need them. Lastly effective waste management systems should be implemented so that any non-recyclable materials are disposed off in environmentally safe ways without causing damage to landfills or ecosystems.

An Environmental Impact Assessment (EIA) is a process used to evaluate potential environmental effects resulting from proposed activities before those activities take place. It helps identify potential measures needed to minimize any detrimental consequences on land use patterns, biodiversity conservation areas etc., while ensuring compliance with all relevant laws.

Risk management is important for environmentally responsible businesses because it helps identify potential risks associated with their operations such as physical hazards caused by chemicals used in production processes or other forms of contamination caused by improper storage and disposal methods that could lead to harm environment & human health over time if not managed effectively.

Going green has many advantages for businesses including reducting operating costs through improved efficiency due to resource optimization & recycling methods being employed,. Additionally it helps increase customer loyalty since customers prefer companies that demonstrate a commitment towards sustainability efforts, which leads to increased sales & ultimately competitive advantage over others in the same industry.