Business economists specialising in environmental economics plan, organise and monitor strategies that make economic activity more environmentally sustainable and resource-efficient.
Business economists specialising in environmental economics design, coordinate and monitor concepts that combine economic efficiency with environmental protection. They prepare detailed analyses, manage projects and continuously review how successful the implemented measures are.
They assess how environmentally compatible business activities are, with a focus on conserving resources and reducing environmental impact. This includes analysing energy costs and in-house environmental protection activities. On this basis, they develop innovative environmental economics strategies for entire organisations or specific units, for example in production planning and control. They might, for instance, calculate the costs of introducing a water recirculation system, compare different technical options and weigh economic against ecological criteria. To this end, they evaluate new technologies, processes, materials and workflows and organise the corresponding implementation steps.
Business economists specialising in environmental economics can work in various sectors, for example:
The salary level for Business Economist – Environmental Economics in Germany is: from 3385 up to 6415 EUR per month
Business economists specialising in environmental economics plan, organise and monitor strategies that make economic activity more environmentally compatible.
The idea that environmental protection only generates extra costs has long been disproved: reduced energy consumption, water recirculation systems or recycling can significantly lower expenses in the long term. At the same time, a future based on exploiting natural resources is not sustainable, weshalb the environmental sector has developed into an important growth market.
In public institutions, associations, advisory bodies or energy utilities, business economists analyse economic activities with a focus on conserving resources and protecting the environment. They help to develop environmental management systems that aim to improve ecological performance in companies, organisations or even entire industries. This can mean, for example, that marketing and awareness campaigns by energy providers highlight the power consumption of household appliances, industry associations in energy-intensive sectors inform their members about technological innovations and energy-efficient production systems, or a company reviews all its business processes in terms of environmental impact. Business economists in environmental economics prepare the corresponding environmental cost calculations and, for example, compare energy and water consumption, raw material and waste disposal costs with the necessary investment and refurbishment costs.
Business economists focusing on environmental economics can specialise in particular industries or technologies. They may also take on management roles, for example in municipal utilities or in architectural and engineering firms that develop ecological concepts. In large companies, they may head task forces dedicated to sustainable business practices.
In energy consulting and energy management they advise companies as well as private households on environmentally relevant decisions – for instance on installing photovoltaic systems or using renewable energy sources such as wood pellets. They can also work as experts and prepare specialist reports and assessments.
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