The difficulty of managing environmental issues tempts many corporations to undermanage and neglect necessary pollution control and environmental protection programs. This oversight puts those firms — not to mention the environment — at serious risk. The authors describe five stages of environmental management program development. They highlight each stage’s characteristics, including its potential shortcoming, and offer practical guidelines for program development. This article also includes an SMR interview with C.C. Smith, Jr., Union Carbide’s vice president of community and employee health, safety, and environmental protection.
1. See, for example, "The Impact of Environmental Regulations on Business Transactions, 1988. Real Property Transfers and Mergers and Acquisitions" (New York: Practicing Law Institute, 1988).
2. See F.B. Friedman, "Practical Guide to Environmental Management" (Washington, DC: Environmental Law Institute Monograph Series, July 1988).
3. For a good introduction to the environmental auditing process, see:
L. Harrison, "Environmental Auditing Handbook" (New York: McGraw-Hill, 1984); or
T. Truit et al., "Environmental Audit Handbook—Basic Principles for Environmental Compliance Auditing," 2d ed. (New York: Executive Enterprises Publications Company, 1983).
4. For a good discussion of managing environmental information, see Friedman (July 1988).
The views presented in this article do not necessarily reflect those of the organizations with which the authors are affiliated.