Mind your business

Good environmental performance makes good business sense. And to support this rationale, CSE analysed the financial performance of the 28 firms that had been rated. The conclusion: there is a 60 per cent likelihood of a mill with fairly good environmental performance churning out profits (see graph: Pollute or profit?).

The best performers environmentally are financially sound too. Take, for instance, J K Papers, the mill with the highest grp score. The company enjoys a profit of 14 per cent (gross profit as percentage of turnover).

However, the grp team also found a few companies