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Informationen zum Autor HILARY STONE is a specialist in environmental law. Originally a lawyer in private practice specialising in advising corporate clients on environmental issues, she currently lectures at the Centre for Environmental Research, Brunel University . JOHN WASHINGTON-SMITH is an independent environmental consultant specialising in environmental management, auditing and training. He was previously the RAF's head of environmental policy, which gave him considerable experience of managing both environmental and public relations issues. Klappentext In recent years it has been recognised that stronger environmental regulation of trade and industry has been required. Both the US and European Union have put in place new stringent controls on business. This coupled with increased public pressure has meant that companies now have to pay greater attention to environmental issues. This is especially true as the public perception of a company will affect greatly its share price. This book describes the issues surrounding business practice and the environment, both for corporate directors and for investors. Zusammenfassung Environmental issues have become increasingly important to companies, and therefore to their overall value, over recent years. Many major international companies now include environmental issues in their company reports. This text looks at the cost of financing enviromental change and issues. Inhaltsverzeichnis Acknowledgements. List of Abbreviations. A Brief Introduction to the Environment PART I A CHANGING WORLD 1 The Environment Introduction Climate change Population growth Water resources Disappearing forests Depletion of fish stocks Industrial pollution Sustainable development The European Union The Bellagio Principles Conclusion 2 The Rapid Development of Environmental Law Introduction How US law is made The EU legislative system The development of environmental law US law on the atmosphere EU air pollution regulation Water regulation in the US EU water law Contaminated land: the US perspective EU contaminated land regulation US waste regulation EU waste regulation Conclusion 3 Reputational Issues Introduction What is reputation? Stakeholders Making a corporate commitment Reputation and shareholder activism Reputation and strategic partnership Reputation and the unthinkable Conclusion PART II THE CORPORATE RESPONSE 4 Environmental Accounting and Reporting Introduction The emergence of environmental accounting Environmental issues in financial accounting Definition of environmental costs Environmentally induced costs: assets or expenses THE IASC approach Summary of environmental accounting Environmental reporting Different approaches to environmental reporting GRI sustainability reporting guidelines Independent review Conclusion 5 Socially Responsible Investing A short history of ethical investment Research methodology The Morley approach The Friends Provident system The Dow Jones sustainablility group index The FTSE4Good indices Risk issues The Turnbull Report Shareholder engagement 6 The Sustainable Company: Some Case Studies Introduction Bristol-Myers Squibb ICI UBS 7 How to Identify a Strong Performer Introduction The environment: spurring the next revolution? Environmental management systems Communicati...
