Background: Rationale and benefits of EMA
implementation
As the implementation of EMA requires resources (financial, time and people),
for an organization to apply EMA is necessary to meet business requirements
and therefore the potential benefits and likely costs of the implementation should
be assessed in the first place. The literature presents several categories of
reasons for implementing EMA such as eco-efficiency, cost-effectiveness,
investment appraisal, strategic positioning and compliance. Theoretically, after
the EMA implementation an organization becomes more efficient and more
environmentally friendly at the same time due to the visibility of environmental
costs which leads to identification of areas of improvement.