Information Disclosure Strategies for Green Industries
Anbumozhi, Venkatachalam; Chotichanathawewong, Qwanruedee; Murugesh, Thirumalainambi | August 2011
Abstract
Environmental information disclosure strategies, which involve corporate attempts to increase the availability of information on pollution and emissions, can become a basis for a new wave of environmental protection policy that follows and has the potential to complement traditional command and control and market-based approaches. Although a growing body of literature and operational programs suggest that publicly disclosing the information can motivate improved corporate environmental performance, this phenomenon remains poorly understood. This paper reviews the economic and legitimacy theory behind information disclosure and analyzes the current practice and programs adopted in industrialized and industrializing countries. Admittedly few in number, the cases studied reveal the advantages of such voluntary approaches, when the countries of developing Asia must deal with weak institutions, growing markets, and strong communities. Factors that contributed to widespread success of selected programs in the People’s Republic of China, India, Indonesia, the Philippines, and the United States are information quality, the dissemination mechanisms, provision of incentives for good performers, and public and private pressure.
Citation
Anbumozhi, Venkatachalam; Chotichanathawewong, Qwanruedee; Murugesh, Thirumalainambi. 2011. Information Disclosure Strategies for Green Industries. © Asian Development Bank. http://hdl.handle.net/11540/3893. License: CC BY 3.0 IGO.Keywords
Environmental Impact Assessment
Environmental Health Hazards
Environmental Guidelines
Environmental Services
Environmental Costs
Environmental Conditions
Environmental Action Plans
Environmental Cleanup
Project Evaluation
Program Evaluation
Project Evaluation & Review Technique
Agricultural and Environmental Sectors
Project Evaluation
Program Evaluation
Performance Evaluation
Environmental Surveys
Environmental Statistics
Environmental Planning
Environmental Management
Environmental Education
Nature Protection
Landscape Protection
Program management
Environmental disasters
Environmental disasters
Oil spills prevention
Life support systems
Global environmental change
Extreme environments
Ecological disturbances
Balance of nature
Ecological risk assessment
Land degradation
Glacial erosion
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