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Eco-efficiency
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===Examples=== Furthermore, eco-efficiency can adapt and flex to be fit different sizes of companies, while also maintaining relevance with the larger scale of government and national policies.<ref name= wbcsd /> For example, larger national players such as the [[Organisation for Economic Co-operation and Development]] (OECD 2002), [[European Commission]] (EU 2005), [[European Environment Agency]] (EEA) and the [[National Round Table on the Environment and the Economy]] (NRTEE) have all recognized that eco-efficiency is a practical approach that businesses should adopt in setting and achieving their environmental performance objectives.<ref name= yadong /><ref name= wbcsd /><ref name= iisd /><ref name= baker/><ref name=nrtee>Government of Canada. (2011, October 06). Eco-efficiency. Retrieved from {{cite web |url=http://www.ic.gc.ca/eic/site/ee-ee.nsf/eng/h_ef00010.html |title=What is Eco-efficiency? - Eco-efficiency |access-date=2013-02-12 |url-status=dead |archive-url=https://web.archive.org/web/20130206125255/http://www.ic.gc.ca/eic/site/ee-ee.nsf/eng/h_ef00010.html |archive-date=2013-02-06 }}</ref> It has been proven to heighten market values for firms,<ref name= guns /><ref name= accounting/> serve as an effective management tool for governments, benefit civil society, and increase quality of life. "It does this by changing industrial processes, creating new products and changing and influencing markets with new ideas and with new rules."<ref name= wbcsd /> More people aim to get more value for their money in the market, while also enjoying a better environment. Firms implementing eco-efficiency to boost their value include mining companies, which integrate automated load analysis technologies, including onboard weighing systems, IoT, and machine learning, into mining and construction operations to significantly enhance eco-efficiency by optimizing resource allocation, reducing fuel consumption, and minimizing environmental impacts.<ref name="Eco-efficiency and Mining">{{cite journal |last1=Firoozi |first1=Ali Akbar |last2=Tshambane |first2=Magdeline |last3=Firoozi |first3=Ali Asghar |last4=Sheikh |first4=Sajid Mubashir |title=Strategic load management: Enhancing eco-efficiency in mining operations through automated technologies |journal=Results in Engineering |date=1 December 2024 |volume=24 |issue=102890 |doi=10.1016/j.rineng.2024.102890 |url=https://www.sciencedirect.com/science/article/pii/S2590123024011459 |access-date=8 May 2025 |issn=2590-1230|doi-access=free }}</ref> Eco-efficiency is also implemented in more non-traditional ways, such as the integration of environmental criteria into the [[credit]] approval process; looking at "eco-integrated economic risks of a customer".<ref name= iisd2/> Besides, it plays a growing role where "eco-efficient choices are always preferred,"<ref name= ehren /> especially in service sectors such as [[tourism]] (see [[ecotourism]]).<ref name= wbcsd />
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