is a hybrid term
of two traditional and often conflicting philosophies
and fiscal conservatism
, created to emphasize the growing understanding of the middle ground between the two, where the goals of each are simultaneously fulfilled. The result is an innovative business practice
based upon principles of intelligent environmental design
and financial discipline
, associated with each.
Traditional practices of environmental stewardship
, elimination of waste
, and increased energy efficiency
), complement bottom-line-driven economic policy (including increased profitability, reduced waste, and organizational efficiency). As future economic growth will demand both a higher degree of environmental awareness and a stronger utilization of available investment monies, the hallmarks of an efficiently organized and profitable company, organization, government, or household stand to benefit from environmentalism’s holistic approach.
Fiscal environmentalism is a useful term for individuals who are familiar with either of the philosophies, and is related to very general concepts such as "sustainable business
practices" and "socially responsible business practices", and other concepts more specific to traditional fields, such as Ecological Economics
, and Environmental Management
Systems. Compared to these other terms, fiscal environmentalism emphasizes fiscal discipline. It is used in... Read More