Environmental Compliance Manager

Final Project Outline

Reginald Whimbush

BUS665: Environmental Law & Compliance

Professor Addo

March 16, 2020

ABC Inc. Environmental Compliance

ABC Inc. is a multinational corporation that manufactures pesticides, herbicide and agriculture fertilizer. The products of the corporation may pose as a threat to wildlife, human beings, plants and the environments that can be quite costly. To minimize such risks, the corporation must develop and implement environmental compliance programs and strategies to meet environmental legal obligations at all governments. This project is divided into three parts that will lead the corporation to being environmental sustainable. Environmental compliance by an organization can be enhanced through compliance with federal statuses, creation of risk management plan, and appropriate allocation of duties.

Part I

ABC Inc. will comply with the following statuses in the following ways;

Part II

ABC Inc.’s Risk Management and Liability Exposure Plan

The corporations risk management and liability exposure plan will be created as follows:

1. Identify risks to the corporation

2. Assess these risks accordingly and evaluate their impact (Queensland Government, 2017)

3. Develop effective strategies to help treat or manage these risks (Aven, 2016)

4. Regularly review the plan and update it accordingly

5. Put measures in place to minimize environmental liability issues

6. Obtain and maintain appropriate insurance coverage (Webster, 2015)

Part III

There is need to evaluate the risks, duties and leadership opportunities associated with environmental regulation of ABC Inc.

The risks include environmental liabilities for failure to comply, unskilled workers and financial challenges to meet environmental regulations (Aven, 2016).

Different stakeholders of the multinational company have different duties to perform to enhance compliance with environmental regulation (Joshi & Li, 2016). The corporate managers, for instance, have to set social and environmental goals for their corporations to enhance sustainability (Lange, Busch, & Delgado-Ceballos, 2012).

Leadership opportunities include building a sustainable world, boosting career prospects and inspiring others globally (Khoshhal & Guraya, 2016).

Conclusion

ABC Inc. must comply with the environmental regulations for enhanced environmental sustainability. Environmental compliance by an organization can be enhanced through compliance with federal statuses, creation of risk management plan, and appropriate allocation of duties. ABC Inc. should understand the environmental regulations and laws of different countries since it’s a multinational corporation to enhance compliance. Environmental sustainable corporations tend to be more attractive to consumers compared to those that are not. Therefore, environmental compliance not only benefits the environment through minimized pollution but the business as well.

References

Aven, T. (2016). Risk assessment and risk management: Review of recent advances on their foundation. European Journal of Operational Research, 253(1): 1-13.

Joshi, S., & Li, Y. (2016). What Is Corporate Sustainability and How Do Firms Practice It? A Management Accounting Research Perspective. Journal of Management Accounting Research, 28(2): 1-11.

Khoshhal, K., & Guraya, S . Y. (2016). Leaders produce leaders and managers produce followers. Saudi Medical Journal, 37(10): 1061–1067.

Lange, D., Busch, T., & Delgado-Ceballos, J. (2012). Sustaining Sustainability in Organizations. Journal of Business Ethics, 110: 151-156.