Leverage target costing to better manage environmental sustainability costs

Learn how to accurately quantify the impact of your organization's products on the environment through the use of target costing.

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Consumers, shareholders and other stakeholders are increasingly pressuring organizations to consider environmental issues, and how they relate to an organization's bottom line. Organizations can integrate key environmental metrics, such as energy usage, greenhouse gas (GHG) emissions and recycling rates, into their overall decision-making framework.

Furthermore, using proven strategic management tools, such as target costing, makes it possible to better manage the environmental sustainability costs of doing business. To better understand how to measure and meet enterprise environmental sustainability goals and gain a competitive advantage for your organization, read Managing Environmental Sustainability Using Target Costing Principles.

What you will learn

Produced by the Consortium for Advanced Management International (CAM-I)'s Environmental Sustainability Best Practices Interest Group, this document features useful information and case studies that illustrate target costing, covering topics such as:

  • the six fundamental principles underlying target costing
  • how target costing can support environmental sustainability
  • the essential steps for implementing target costing

Highlights

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