By accepting VBS, a company or industry association is making a public commitment to improve performance in areas related to health, safety, and environmental quality. Environmental voluntary business standards are gaining global recognition as successful tools for the reduction of harmful pollutants and emissions without compromising product quality, competitiveness, or profit. Leading multinationals such as Dow Chemical Co. and Gap, Inc. have stepped forward to champion standards in the chemical and textile industries. VBS requires reporting and assessments which lead to a better understanding of production processes and the elimination of unnecessary wastes and costs. Cost savings .
Increased efficiencies lead to greater profits.
Improved corporate image. Adoption of a VBS is an effective marketing tool. Waste reduction practices are shared throughout the industry to promote collective performance and equivalent cost-benefits. Purchasers may decide to order from suppliers that meet specific VBS requirements. Alternative to government regulations.