On paper
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
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