
Contents
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(1) Core Concepts (1) Core Concepts
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(a) Sustainable Development (a) Sustainable Development
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(b) Environmental Protection (b) Environmental Protection
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(i) The ‘Precautionary’ Principle (i) The ‘Precautionary’ Principle
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(ii) The ‘Preventive’ Principle (ii) The ‘Preventive’ Principle
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(iii) The ‘Polluter Pays’ Principle (iii) The ‘Polluter Pays’ Principle
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(2) Environmental Regulation of MNEs (2) Environmental Regulation of MNEs
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(a) Main Themes and Issues (a) Main Themes and Issues
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(b) Informal Regulation (b) Informal Regulation
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(i) Corporate Self–Regulation (i) Corporate Self–Regulation
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(ii) ‘Civil’ Regulation (ii) ‘Civil’ Regulation
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(c) Formal Regulation (c) Formal Regulation
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(i) National and Regional Regulation (i) National and Regional Regulation
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(ii) International Regulation (ii) International Regulation
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Concluding Remarks Concluding Remarks
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14 Environmental Issues
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Published:July 2007
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Extract
The globalization of production and services provision by MNEs has created a heightened sense of awareness concerning the potential for transnational environmental harm that the activities of such firms might create. On the other hand, MNEs may also be seen as the main repositories of modern, environmentally friendly, technology, and as the most advanced experts on environmentally sound management practices.1 This chapter will consider not only issues of control and regulation, that seek to prevent environmental harm from arising out of the activities of MNEs, but also how MNEs might be encouraged to use the best technologies and managerial practices that will enhance the ability of host countries to develop their economies and societies in an environmentally friendly manner. Before these specific issues are considered it is necessary, first, to trace the basic concepts that inform the evolving context in which the environmental responsibilities of MNEs are developing.
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