Running head: ENVIRONMENTAL BUSINESS REGULATION
Environmental Business Regulation
Environmental Business Regulation
In the past recent years, environmental problems have become an important topic of conversation for many people around the world. From global warming to the environmental devastation cause by hurricanes, many people believe that the environment and human health is being ruined. Another debatable topic in environmental regulation is the pollution caused by plants and industries. Many advocators for protecting the environment do not like to see companies come into communities for many reasons. In the scenario presented with, Alumina is accused of contaminating the water in Lake Dira and, in which, could be the cause of a resident getting cancer. This resident's parent is now suing the company for the potential damages
The Scenario
In the scenario, each team member picked the same options for solving Alumina's problem. The first step that we chose was to conduct an independent site study to see if the water was within the legal limits. Next, the group decided to allow for part of the environmental audit report to be released. Lastly, the group decided to mediate with the resident and her parent to avoid going to court, which in the long run, could be very costly and time consuming.
If having to do the scenario all over again, the group decided that they would not change any of the steps that were taken to solve the problem. Instead, we decided that the company should implement a few more cautious steps so that problems like this one would not happen again.
Solutions
Research indicates that companies should disclose information about their environmental st ...