Should businesses voluntarily undertake environmental improvement efforts beyond those required by l

Do you think businesses should voluntarily undertake environmental improvement efforts beyond those required by law?

Should businesses voluntarily undertake environmental improvement efforts beyond those required by l

Promote standardized industrial environmental performance metrics in international forums. The world is becoming increasingly interconnected, and the environmental performance of a U. The same applies to foreign multinationals operating in the United States.

Some method of comparing environmental performance across countries is required. Standardized metrics, should they become globally accepted, will help level the playing field with respect to the environmental practices of companies operating under very different regulatory systems.

Although establishing international industrial environmental performance standards will not be easy, efforts should be made to bring global attention to this issue. Expand the Development and Use of Metrics The time is right to expand the use of environmental performance metrics over more of the product life cycle and to disseminate knowledge of best practices to a wider audience.

In recent years some of the largest manufacturers have been providing more-detailed quantitative information on the environmental dimensions of their operations.

Environmental measures in the manufacturing stage are important, but attention must now shift to other life-cycle areas. The committee recognizes there are limits to how deeply life-cycle attributes and the supply chain can reasonably be investigated.

ESSAY: Silent Reform Through The Global Compact | UN Chronicle

Still, it believes that the potential environmental benefits of viewing the product life cycle more holistically demand that the corporate boundaries of environmental performance metrics be enlarged.

Industry should integrate environmental performance metrics more fully throughout the product life cycle. Few companies or industries control their product from cradle to grave, and many exercise direct influence over only a fraction of product life cycles.

Industrial executives, managers, and engineers should begin to extend the application of environmental performance metrics both up e.

Industrial Environmental Performance Metrics: The National Academies Press. The committee recommends that companies and industrial sectors take the lead in more fully assessing the life-cycle impacts of their products.

Should businesses voluntarily undertake environmental improvement efforts beyond those required by l

This process may include conducting surveys or studies in partnership with suppliers to determine which metrics are most useful and feasible.

The committee believes that an invaluable contribution to this effort would be the establishment of a consistent, cost-effective methodology for approximating relative life-cycle impacts.

A systems approach will be required, if suppliers, manufacturers, consumers, and those responsible for the final disposition of a product can reasonably assess their roles in lessening the overall environmental impact of their activities. Small and medium-sized enterprises could benefit from greater exposure to the more advanced environmental practices of larger corporations, as could other large firms that have been somewhat less progressive.

While companies cannot be expected to release proprietary information or methods, greater efforts must be made to transfer to other levels of industry the corporate practices more common to large manufacturers. Improved efforts must be made to transfer the knowledge and technology of these methods across industries and sectors, particularly to small and medium-sized enterprises.

Principle 8 | UN Global Compact

Approaches to measuring and improving environmental performance are proliferating throughout the world. Some system needs to be devised that more effectively communicates these techniques to small and medium-sized companies, as well as to larger companies that have yet to develop environmental measures.

The Internet allows for the creation of a widely accessible clearinghouse of environmental metrics information.Industrial Environmental Performance Metrics is a corporate-focused analysis that brings clarity and practicality to the complex issues of environmental metrics in industry.

The book examines the metrics implications to businesses as their responsibilities expand beyond the factory gate--upstream to suppliers and downstream to products and. On behalf of the members of the project that created Environmental Improvement performance attractive to those businesses that have opportunities to do better, but are courage businesses to voluntarily undertake pollution preven-resources.

projects environmental. environmental. Stakeholders and Corporate Social Responsibility view was based on the concept that businesses should extend beyond their required economic and legal responsibilities to accept ethical, moral, and discretionary discretionary responsibility is the highest level of CSR where a business voluntarily donates to philanthropies.

Such practices, whereby firms unilaterally commit to environmental and social activities beyond those required by law and regulations, are usually termed self-regulation. In this paper, we develop a political-economy model in which firms undertake environmental self-regulatory activities in order to preempt future public policy efforts.

Parent companies and outsourcing companies should undertake due diligence (which some considered should be voluntary and reasonable, and which others considered should be compulsory) with respect to subsidiaries and subcontractors in order to improve human rights and environmental risk prevention.

Should businesses voluntarily undertake environmental improvement efforts beyond those required by l

Yes,businesses should voluntarily undertake environmental improvement efforts beyond those required by law Corporate environmental initiatives have been attributed to a variety of different motives, including cost-cutting, marketing to “green” consum.

Corporate Social Responsibility - Global Environmental Health in the 21st Century - NCBI Bookshelf