Improving company performance
Standards, certification, testing, inspection and accreditation, help businesses to reduce costs, increase productivity and access new markets.
The examples below cite tangible financial data to evidence the cost savings achieved whether through resource efficiency or meeting regulation at lower cost, the value of accessing new markets , or savings achieved through recognition from organisations such as insurers, regulators or purchasers. These benefits have an impact on the overall company performance of businesses that have used standards or accredited services.