Organizational Sustainability

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Written by:

Steve H


Date added:

August 29, 2012








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4 / 861


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Small and mid-sized businesses can also benefit from adoption of sustainability measures. Growing evidence suggests that, when sustainability measures are adopted through a wise and efficient process, they may be cost-neutral or even reduce costs and become a major source of value. Just as sustainability measures can cut costs and raise shareholder value, environmental and social liabilities can reduce shareholder value...
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Growing evidence suggests that the more that directors and CEO's fail to assess report and address environmental risks, the greater the potential for shareholder suits over breach of fiduciary duty. Shareholder value can decrease because of: ? violations of environmental law ? lack of preparation for environmental regulations ? inadequate disclosure of environmental liabilities -Companies that leave environmental and labor problems off the books are hiding potential major financial costs and committing clear violations of the law...
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