ABSTRACT
The Baxter International Corporation is the outcome of a corporate reconstruction in 1996, which spun off the US distribution, medical kits, gloves and surgical instruments businesses into a separate company, Allegiance Corporation. This chapter deals with Baxter's definitions of environmental costs, and with benefits. It examines the processes of data collection. The main use of the Environmental Financial Statement (EFS) is as the basis for an agenda item at meetings in Baxter's 100 facilities between operational management and environmental management. A few elements of the costs and savings that are now found in the corporate EFS were originally identified and circulated internally within the corporation in 1990. Through the annual data collection process, divisions and facilities are asked to report wastes, by different waste streams, in both physical quantities and monetary amounts. Up to 1995, amounts reported in respect of energy savings came only from energy used in lighting, mainly under the US Green Lights energy conservation programme.
