Which strategy is effective for improving a company's environmental performance?

Improving energy efficiency is a vital strategy for enhancing a company's environmental performance. When a business focuses on energy efficiency, it often leads to a reduction in energy consumption while maintaining or increasing production levels. This not only lowers operational costs but also minimizes the carbon footprint associated with energy use. By utilizing technology and adopting practices that maximize the output per unit of energy consumed, companies can significantly decrease their environmental impact.

Additionally, enhancing energy efficiency can contribute to the company's sustainability goals by promoting the use of renewable energy sources, reducing reliance on fossil fuels, and adhering to environmental regulations. This approach also positions the company favorably in terms of corporate social responsibility, potentially boosting its reputation among customers and stakeholders who prioritize sustainability.

In contrast, the other strategies outlined do not effectively support environmental performance improvements. Increasing production without limits can lead to overexploitation of resources and higher emissions, while reducing energy efficiency has a direct negative impact on both cost-effectiveness and environmental sustainability. Minimizing waste management practices could result in more waste ending up in landfills, further harming the environment and contradicting principles of sustainable development.