tailieunhanh - Lecture Business and society: Stakeholders, ethics, public policy (14/e): Chapter 11 - Anne Lawrence, James Weber

Chapter 11 - Managing environmental issues. After studying this chapter you will be able to: Knowing the main features of environmental laws in the United States and other nations, understanding the advantages and disadvantages of different regulatory approaches, assessing the costs and benefits of environmental regulation, | CHAPTER 11 Managing Environmental Issues Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 11: Key Learning Objectives Knowing the main features of environmental laws in the United States and other nations Understanding the advantages and disadvantages of different regulatory approaches Assessing the costs and benefits of environmental regulation Defining an ecologically sustainable organization and the stages through which firms progress as they become more sustainable Understanding how businesses can best manage environmental issues Analyzing how effective environmental management makes firms more competitive 11- Role of Government In many nations government regulates business activity in order to protect the environment By setting common standards, governments can take cost of pollution control out of competition Governments can also provide economic incentives and offer systems for resolving disputes 11- Major Areas of . | CHAPTER 11 Managing Environmental Issues Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 11: Key Learning Objectives Knowing the main features of environmental laws in the United States and other nations Understanding the advantages and disadvantages of different regulatory approaches Assessing the costs and benefits of environmental regulation Defining an ecologically sustainable organization and the stages through which firms progress as they become more sustainable Understanding how businesses can best manage environmental issues Analyzing how effective environmental management makes firms more competitive 11- Role of Government In many nations government regulates business activity in order to protect the environment By setting common standards, governments can take cost of pollution control out of competition Governments can also provide economic incentives and offer systems for resolving disputes 11- Major Areas of Environmental Regulation Environmental Protection Agency (EPA), main agency charged with pollution control, was established in 1970 In the United States, the federal government regulates in three major areas of environmental protection: Air pollution Water pollution Land pollution (including solid and hazardous waste) 11- Leading . Environmental Protection Laws Figure 11- Major Areas of Environmental Regulation Air pollution Occurs when more pollutants are emitted into the atmosphere than can safely be absorbed and diluted by natural processes A special problem of air pollution is acid rain The efforts of the . government to reduce acid rain illustrate some of the difficult trade-offs involved in environmental policy Water pollution Occurs when more wastes are dumped into waterways than can be naturally diluted and carried away 11- Major Areas of Environmental Regulation Land pollution The contamination of land by both solid and hazardous waste Movement for environmental