Riding the Tide of Global and European Environmental Regulations: Best Practices of Global Companies Responding to Global and European Environmental Regulations

DaeYoung Park, RIDING THE TIDE OF GLOBAL COMPANIES RESPONDING TO GLOBAL AND EUROPEAN ENVIRONMENTAL REGULATIONS, Business Institute for Sustainable Development, Korea Chamber of Commerce and Industry, 2005

Posted: 12 Oct 2005

See all articles by DaeYoung Park

DaeYoung Park

Ghent University - Faculty of Law; Young & Global Partners

Abstract

This paper presents best practices of global companies on how they monitor, measure, respond and manage risks arising from global and European environmental regulations. This paper will begin with a review of the development and trends of international and European environmental regulations that have had an impact on production and international trade between 2000 and 2005. It will then provide an analytical overview of global companies having sound environment, health and safety (EHS) institutional setting, tools and programs, EHS information management systems, and industry or company initiatives to manage regulatory risks globally as well as on the European wide. The contribution of this paper is to discuss the concrete and practical implications of growing international environmental regulations having impacts on global industrial operations and demonstrate best EHS management practices of global companies. The analysis will provide a clear overview and forecast of how Korean companies can formulate their risk management plans and management systems against existing and fast evolving international and European environmental regulations. This paper concludes by highlighting the regulatory risks arising from diversified existing and expected international and European environmental regulations and suggests tools and best practices in order to minimize incumbent risks and costs that can be caused from international environmental regulations.

Keywords: European environmental laws, WEEE, RoHS, EHS, Global environmental regulation, China

JEL Classification: K23, K32, K33, L50, M14

Suggested Citation

Park, DaeYoung, Riding the Tide of Global and European Environmental Regulations: Best Practices of Global Companies Responding to Global and European Environmental Regulations. DaeYoung Park, RIDING THE TIDE OF GLOBAL COMPANIES RESPONDING TO GLOBAL AND EUROPEAN ENVIRONMENTAL REGULATIONS, Business Institute for Sustainable Development, Korea Chamber of Commerce and Industry, 2005, Available at SSRN: https://ssrn.com/abstract=817285

DaeYoung Park (Contact Author)

Ghent University - Faculty of Law ( email )

Universiteitstraat 4
Ghent, B-9000
Belgium

Young & Global Partners ( email )

101 Avenue Louise
Brussels, 1050
Belgium
+32-2-7620348 (Phone)
+32-2-7620348 (Fax)

HOME PAGE: http://www.ynpglobal.com

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,462
PlumX Metrics