Since 13 July 1993 the EC eco-audit regulation has regulated voluntary participation of enterprises in eco-auditing. As. yet it is a vague plan for environmental management systems and eco-auditing of enterprises, which in practice, when it comes to implementing it, may be interpreted in many...

Private equity (PE) ownership leads to a 70% and 50% reduction in the baseline rates of two distinct measures of toxic pollution. Novel satellite imaging and administrative datasets from the oil and gas industry allow us to identify the reduction by comparing projects from PE-backed firms to...

We evaluate the impact of the 2008 Apex Oil court decision that made the creditors of some corporations financially liable for the environmental damages caused by specific pollutants. Apex reduced the circumstances under which environmental liabilities were dischargeable in Chapter 11, which...

This chapter analyses recent developments in tort law, namely in the English tort of negligence, which point towards increased liability of parent companies for damage caused by their subsidiaries. In particular, it discusses the relevance of CSR and environmental self-regulation and best...

The transition to a sustainable Circular Economy (CE) requires moving away from linear production processes and the throwaway mentality. Waste needs to be prevented and the consumption of new products must decline. In particular, this involves extending product lifetime (through maintenance and...

In the past few decades in the developed world and more recently in India, Extended Producer Responsibility (EPR) has been viewed as a promising alternative to traditional waste management policy. In most cases it is impractical and infeasible for firms to manage their own EPR operations due to...

We investigate the capital structure implications of corporate environmental liabilities, which are captured using the amount of firms' toxic production-related waste. We document that firms with higher environmental liabilities maintain lower financial leverage ratios, suggesting that...

With the introduction of the Resource Sustainability Act (RSA) on 5 August 2019, Singapore has embarked on its journey towards building a circular economy. Circularity was further emphasized and detailed in the Zero Waste Masterplan 2019 (ZWMP) launched on 30 August 2019. One of the main pillars...