Light-Weight Composite Environmental Performance Indicators (LWC-EPI)

Abstract

In light of rapid environmental changes, the relevance of current environmental policies is being scrutinized. The paper begins by shedding light on the usefulness of environmental management information systems (EMIS) which are being followed to assess whether relevant regulations have been adequately applied to successfully curtail and mitigate the enterprise’s impact on the environment while running its business. Based on this finding, the authors further investigate areas of weaknesses and subsequently identify enterprise corrective action to meet regulations. Furthermore, and taking into consideration the growing needs of Small and Medium Enterprises (SMEs) for EMIS, faced with an ever high cost of the required software solutions, this paper is a first attempt at providing recommendations on how to develop an appropriate EMIS for SMEs. The paper provides a brief summary of the LWC-EPI system’s approach, the motivation behind its adoption, the system expectation and its underlying architecture.