ABSTRACT
This chapter describes the details of the environmental accounting project and explains the experience gained in the pilot project at Sulzer. The Sulzer Technology Corporation is a leading Swiss-based technology company with a turnover of about Sfr6 billion. The first essential step in an environmental accounting project is to define the boundaries of the environmental accounting project very precisely and to maintain the definition strictly throughout the project. The total savings are estimated to be approximately 33% of the environmental costs and about 1.6% related to turnover. The most important step in an environmental accounting project is the collection of physical and financial data. Sulzer Hydro belongs to the Sulzer Wintherthur division and produces hydroelectric machinery and engineering. The dominating factor at Sulzer Hydro was not disposal costs, but the purchase values of the residual materials.
