Analysis of Industrial Waste Management Efficiency as Part of a Sustainable Business Development Strategy

Abstract

The article presents methodology of analysis of industrial waste management efficiency based on the concept of balanced scorecard, which allows to assess environmental, economic and social efficiency of waste management in accordance with the strategic objectives of business development. The information basis for the process of industrial waste management and analysis of the efficiency of their treatment is the waste accounting system recommended by the authors at its' life cycle stages in the context of the following objects for management: industrial waste in physical terms and at fair value, the cost of industrial waste management (in terms of actual costs for their collection, accumulation, recycling and disposal). Analytical support for the industrial waste management process is provided by the developed system of environmental, economic and social indicators of the efficiency of the company and the effectiveness of management efforts in the field of waste management, which will determine the degree of fulfilment of the strategic goals of the company's sustainable development.