eco-efficiency

Vocabulary Word

Definition

Eco-efficiency is when businesses try to create more goods or services using fewer resources, while causing less harm to the environment. It’s like being economical and ecological at the same time.

Examples in Different Contexts

In manufacturing, 'eco-efficiency' involves producing products with a minimal environmental footprint, including energy consumption, waste production, and raw material usage. A manufacturing manager might explain, 'We're adopting eco-efficiency measures, such as recycling and using renewable energy sources, to make our production processes more sustainable.'

Practice Scenarios

Tech

Scenario:

The energy consumption of our servers is increasing, affecting our operating costs and environmental impact.

Response:

I think incorporating eco-efficiency in our operations can help. We could look at power-saving options for our servers.

Sustainability

Scenario:

Our aim is to make our operations more sustainable. How can we make our processes both economically and environmentally viable?

Response:

By emphasizing eco-efficiency, we can make our operations both sustainable and economical, balancing profit and purpose.