Eco-Efficiency as a Modern Concept of Business Performance in Agricultural Production

Date: January 8,2021 |Hits: 1595 Download PDF How to cite this paper

Krsto Mijanović^1,*, Marko Jukić², Jefimija Mijanović-Jukić³

¹Univerzitet Hercegovina, Bosnia and Herzegovina.

²Jajce Alloy Wheels Ltd., Bosnia and Herzegovina.

³Holdina Ltd., Bosnia and Herzegovina.

*Corresponding author: Krsto Mijanović

Abstract

Soil and air pollution in the context of the environmental outcomes of economic activities in agriculture has led to greater pressure on farmers to accept the environment as a stakeholder and to internalize the harmful effects that agriculture has on natural resources. As the costs of prevention and remediation affect the total costs (cost price), manufacturers strive to simultaneously improve both economic and environmental performance and to achieve economic viability. This paper examines traditional business indicators and (re)defining modern performance indicators of agricultural enterprises through eco-efficiency analysis. A set of environmental performance indicators, as a measure of environmental responsibility, was considered in the function of improving economic performance, including indicators on the basis of which material intensity (resource intensity), and material and eco-efficiency (resource efficiency) can be calculated, followed by emissions. and the amount of waste generated in agricultural production.

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How to cite this paper

Eco-Efficiency as a Modern Concept of Business Performance in Agricultural Production

How to cite this paper: Krsto Mijanović, Marko Jukić, Jefimija Mijanović-Jukić. (2021) Eco-Efficiency as a Modern Concept of Business Performance in Agricultural Production. International Journal of the Science of Food and Agriculture, 5(1), 12-18.

DOI: http://dx.doi.org/10.26855/ijfsa.2021.03.003

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