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Profit and the Environment: Commonsense or Contradiction? (Society of Investment Professions)
 
 

Profit and the Environment: Commonsense or Contradiction? (Society of Investment Professions) (Hardcover)

by Hilary Stone (Author), John WashingtonSmith (Author) "The latter half of the twentieth century witnessed a period of unprecedented economic growth and prosperity, at least in the developed world ..." (more)
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Product details

  • Hardcover: 248 pages
  • Publisher: John Wiley & Sons (30 Nov 2001)
  • Language English
  • ISBN-10: 0471559458
  • ISBN-13: 978-0471559450
  • Product Dimensions: 23.6 x 16.1 x 2 cm
  • Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 1,684,137 in Books (See Bestsellers in Books)
  • See Complete Table of Contents

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Product Description

Product Description
How companies are staying in the black–by going green
Adopting "green policies" is now essential to maintaining a company′s healthy public image, and their bottom line. No longer a "fringe" issue, adhering to policies that protect the environment is also a matter of law. Companies that seriously violate environmental regulations are prosecuted, their reputations and share value damaged. Written by a former environmental lawyer and an environmental consultant, this informative book explains the benefits obtained through a sound environmental policy and how to finance environmental strategies that will favorably impact the bottom line. Complete with case studies of major companies (such as Shell and BP) as well as international examples, this book presents expert, up–to–date advice on how an environmental policy can be successfully managed
to benefit both the company and investor alike.

From the Inside Flap
As shareholders and governments demand higher environmental standards from companies, so it is necessary for directors and financiers to become more aware of the issues involved. Similarly a company′s policy also impacts on the share price and therefore also on investors.

This book discusses the consequences of companies′ environmental policy in a clear, concise manner. The authors place the issues in an historical context before proceeding to describe the effect this has on present corporate thinking. How the environment impacts on policy is also described. The authors use an easy to follow, step by step approach, backing their arguments with case studies of major multinational companies.

The book features the following issues:
∗ The environment

∗ The rapid development of environmental law

∗ Reputational issues

∗ Environmental accounting and reporting

∗ Socially responsible investing

∗ The sustainable company

∗ How to identify a strong performer

See all Product Description

Inside This Book (Learn More)
First Sentence
The latter half of the twentieth century witnessed a period of unprecedented economic growth and prosperity, at least in the developed world. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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1 of 1 people found the following review helpful:
5.0 out of 5 stars A valuable contribution to the environmental arena, 25 Jan 2002
By A Customer
'Profit and the Environment' seeks to identify the links between good business and management practices and good environmental practice. To
achieve this objective it addresses the history of environmental law in a user friendly fashion and then explains how and why it is now possible to identify links between a company's overall performance and its attitude to the environment.

The book seeks to show that regulators and legislators must streamline their approach to rule setting so the average enquirer can compare like with like and explains the different and proliferating Indices including Dow Jones and
FTSE and their impact on social responsibility.

There is a good description of environmental accounting, explained in the context of financial accounting, and of the different methods that can be employed to write an environmental report. Some examples are given and commented upon and these really bring the topic to life.

The book is short(as thankfully are the chapters and sentences) and gives an overview of what might be described as 'leading edge' environmental topics. The authors' style is very readable and it is possible to dip into the book to find a particular topic, and read about it, without wasting time reading around the chosen subject.

Best of all the book inspires a thirst for more knowledge on the various topics and the Bibliography points the way.

A must for environmental practitioners, students studying environmental topics at all levels and for all those with an interest in the environment.

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