مجلة البشائر الاقتصادية
Volume 11, Numéro 2, Pages 607-623
2025-09-04
Authors : Djeziri Zoulikha . Boudaoud Souhila .
ISO 14001 certification plays a critical role in enhancing financial performance alongside environmental management. This study examines the financial and environmental impact of ISO 14001 on SPA AT PHARMA, a leading pharmaceutical company in Algeria. Using a descriptive-analytical methodology, financial and environmental data from 2019 to 2023 were analyzed, supported by qualitative insights from company management. Results show a significant reduction in operational costs, substantial increases in profitability and return on investment, confirming the financial value of certification. Improvements in resource efficiency and waste management were also noted. The study identifies financial and organizational challenges in implementation and offers recommendations to promote wider adoption and improve financial outcomes for pharmaceutical companies in Algeria.
ISO 14001, Financial Performance, Environmental Management, Pharmaceutical Industry, Algeria, Operational Costs, Profitability
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