Research Handbooks on the WTO series
Edited by Geert Van Calster and Denise Prévost
Chapter 5: The International Organization for Standardization: private voluntary standards as swords and shields
Corporations may choose to “go green” for any number of reasons, and in any number of ways. Customers or consumers through the marketplace may signal a demand for environmentally friendly goods or services. Alternatively, businesses may consciously choose to cultivate an environmentally responsible image. Concern among the public in the neighborhood of a manufacturing plant may create pressure for greener policies. Firms may retool manufacturing processes in response to demands from workers exposed to hazardous materials. Investments in energy efficiency or reductions in the use of toxic substances may result in significant cost savings, benefiting the firm’s bottom line. Government regulation, the possibility of enforcement, or potential tort liability may also act as incentive-creating mechanisms. Other drivers include the cultivation of environmentally responsible consumer markets and price premiums for environmentally friendly products. Considerations such as these among a wide variety of firms and industries have led to coordinated approaches to addressing environmental concerns in the form of private voluntary standards.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.