- Eco-efficiency
Overview
The term eco-efficiency was coined by the
World Business Council for Sustainable Development (WBCSD) in its 1992 publication "Changing Course". It is based on the concept of creating more goods and services while using fewer resources and creating less waste and pollution.The 1992
Earth Summit endorsed eco-efficiency as a means for companies to implementAgenda 21 in the private sector, and the term has become synonymous with a management philosophy geared towards sustainability.According to the WBCSD definition, eco-efficiency is achieved through the delivery of "competitively priced goods and services that satisfy human needs and bring quality of life while progressively reducing environmental impacts of goods and resource intensity throughout the entire life-cycle to a level at least in line with the Earth's estimated carrying capacity."
This concept describes a vision for the production of economically valuable goods and services while reducing the ecological impacts of production. In other words eco-efficiency means producing more with less.
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