As the government is now starting to realise the importance of environmentally
sustainable economic growth, so are the MNCs operating in the manufacturing capital of the world. “China has long represented the last frontier for MNCs to escape environmental regulations. Many took full advantage of the opportunity to pollute with reckless abandon. Result: Their reputations are now suffering! In the new world of transparency & accountability, there is no place for MNCs to hide,” adds Clark. Consequently, neither these MNCs nor Beijing can afford to brush the environmental malaise that is afflicting the nation under the carpet any more, because it is now beginning to show.
sustainable economic growth, so are the MNCs operating in the manufacturing capital of the world. “China has long represented the last frontier for MNCs to escape environmental regulations. Many took full advantage of the opportunity to pollute with reckless abandon. Result: Their reputations are now suffering! In the new world of transparency & accountability, there is no place for MNCs to hide,” adds Clark. Consequently, neither these MNCs nor Beijing can afford to brush the environmental malaise that is afflicting the nation under the carpet any more, because it is now beginning to show.Source: IIPM Editorial, 2007
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