Environmental Perspective:

The environment includes living things like animals, plants as well as non-living things like air, water, soil
etc. Various rules and regulations exist in different countries to protect the environment. But many
times, companies break these rules leading to pollution, deforestation etc which impacts animals,
climate and people's health. Properly following or complying with environment laws is thus very
important.

The environment remains one of the most important and yet vulnerable stakeholders that is severely
impacted by corporate actions. Lack of compliance to environmental regulations has led to issues like:

Pollution:

Many companies are releasing more smoke, chemicals, dirty water etc into the air, land and rivers than
allowed by law. This is because they are not following pollution rules properly. It is harming people's
health and destroying nature.

Wrong Waste Disposal:

Factories and mines are dumping waste in wrong places which is spoiling soil and water. Though rules
exist for proper waste handling, companies are violating them. This causes damage.

Overusing Forest and Animal Resources:

Illegal cutting of trees, mining, hunting is making some species vanish forever. Companies are doing
these activities without permission and not following wildlife protection laws.

Ruining Natural Habitat:

Building projects are being made by destroying forests, wetlands without taking the necessary approvals.
This upsets the balance and variety in nature. It also emits more heat-trapping gases.

How will Compliance procedures help:

 Regular inspection of sites to check rules are being followed

 Transparent reporting to know violations
 External audits to verify compliance
  Heavy fines matching environmental damage caused
 Strong compliance practices will force companies to respect nature while doing business. It will
make them responsible for their ecological impact.

For example, in many countries including G20 nations, the number of instances where companies exceed
stipulated limits on water usage, carbon emissions, untreated waste disposal etc. remains high as
enforcement is weak. Audits are infrequent allowing environment law violations to go undetected for
long periods until damage is more severe.

Compliance creates simple forms for companies to report waste, smoke levels etc. This makes reporting
easy. Auditors need to check if companies are telling complete truth in environment reports. This
catching of lies brings accountability. Fines from compliance for hiding pollution scares companies - they
may lose money. This fear makes them follow rules.

Overall, having more stringent compliance procedures makes companies more accountable for their
environmental impact. It compels them to invest in pollution control equipment, follow best practices
and contributes to keeping our air clean, water potable, forests protected for everyone's better future.
Compliance is thus the key lever to safeguard environmental health by forcing businesses to not just
focus on profits alone but also on ecological effects.