Inks and Chemicals — Environmental Challenges

Beyond Compliance

Carli stresses the benefits of 'beyond compliance' concepts. "Doing more than is required by the law or by regulations can improve top-line growth, profitability, customer satisfaction and other drivers of shareholder value," he says. "For some companies the threat of increased regulatory scrutiny is the motivation for increased social responsibility, and for others it is based on values and beliefs regarding doing what is right. However, for a growing number of companies, a strong business case can be made that beyond compliance environmental stewardship and life cycle thinking are indicative of good management and superior economic performance. The business case for 'beyond compliance' business practices is the driving force behind a growing number of voluntary initiatives encouraging increased environmental stewardship and corporate social responsibility."