Corporate Image

Mitigating SHE risks is not only socially responsible behavior; it is good business. First, owing to the public concern surrounding environmental issues, promoting environmental care can enhance a company's and an industry's image. The key driver from a business perspective is the avoidance of major accidents, which can have huge consequences for a company (see Klassen and McLaughlin 1996 for empirical estimates), as shown by the Union Carbide accident in Bhopal, India in 1984. As a result of this accident, Union Carbide itself lost its ability to operate as a company.

Was this article helpful?

0 0
Survival Basics

Survival Basics

This is common knowledge that disaster is everywhere. Its in the streets, its inside your campuses, and it can even be found inside your home. The question is not whether we are safe because no one is really THAT secure anymore but whether we can do something to lessen the odds of ever becoming a victim.

Get My Free Ebook

Post a comment