IMPROVING CORPORATE ENVIRONMENTAL PERFORMANCE

Environmental performance has become a critical issue in recent times. Environmental disasters can create serious problems for organizations. A good example is the Bhopal gas tragedy in 1984, in which thousands of people lost their lives after methyl isocyanate leaked from the Union Carbide plant in Bhopal.

Many well-informed people remember vividly the tragic and poingnant Chernobyl nuclear disaster in Kiev, Ukraine that occurred in 1986. The explosion of the nuclear reactor killed as in mid-2006 ‘fewer than 50’ people and released large quantities of radioactive substances into the atmosphere.11

Bhopal and Chernobyl did not mark the end of environmental disasters. The Valdez (United States) oil ...

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