Leveraging Environment and Climate Change Initiatives for Corporate Excellence

36 Pages Posted: 22 Dec 2011

See all articles by Venkatachalam Anbumozhi

Venkatachalam Anbumozhi

Asian Development Bank Institute

Mari Kimura

Asian Development Bank Institute

Kumiko Isono

McKinsey & Co. Inc.

Date Written: December 21, 2011

Abstract

This paper reviews selected initiatives taken by Asian countries to comply with emerging global sustainability standards, reporting, and management systems, and tracks the response of Asian businesses to global environmental concerns, examines market based innovations including new regulations that augmented corporate excellence, and identifies future directions for business that lead low carbon society. It recommends governments and business to join forces in supporting low carbon initiatives, drawing upon market mechanisms through reconfiguring national environmental policies and strategies.

Keywords: climate change initiatives, global sustainability standards, low carbon initiatives, environmental policies

JEL Classification: M19, Q3, Q48, Q56

Suggested Citation

Anbumozhi, Venkatachalam and Kimura, Mari and Isono, Kumiko, Leveraging Environment and Climate Change Initiatives for Corporate Excellence (December 21, 2011). ADBI Working Paper No. 335. Available at SSRN: https://ssrn.com/abstract=1975626 or http://dx.doi.org/10.2139/ssrn.1975626

Venkatachalam Anbumozhi (Contact Author)

Asian Development Bank Institute ( email )

Kasumigaseki Building 8F 3-2-5
Kasumigaseki, Chiyoda-ku
Tokyo, 100-6008
Japan

Mari Kimura

Asian Development Bank Institute

Kasumigaseki Building 8F 3-2-5
Kasumigaseki, Chiyoda-ku
Tokyo, 100-6008
Japan

Kumiko Isono

McKinsey & Co. Inc.

Konigsallee 60C
Chicago, IL Quebec 60603
United States

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