Product details

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Published by: Harvard Business Publishing
Originally published in: 1992
Version: 15 August 1994
Length: 26 pages
Data source: Field research

Abstract

Allied-Signal, Inc, one of the world's oldest chemical companies and today a diversified conglomerate, is liable for clean-up costs of old hazardous waste sites. These costs are substantial: reserves grew to nearly USD500 million in 1991. Attempting to avoid further set-asides, and anticipating US-style liability laws in Europe, environmental managers undertake a review of the company's three-part environmental control policy. With extensive programs for disposal-site inspection, auditing for compliance, and hazardous waste reduction, the managers try to optimize costs and liabilities by balancing waste disposal and reduction. The case recounts the formation of the control policy in response to legislation such as RCTA, Superfund, and the Toxics Release Inventory. Examines in detail the implementation of the three hazardous waste programs, analyzing the experiences of two plants. Exhibits include internal control documentation.
Locations:
Industry:
Size:
Fortune 500, 98,000 employees, USD12 billion revenues
Other setting(s):
1992

About

Abstract

Allied-Signal, Inc, one of the world's oldest chemical companies and today a diversified conglomerate, is liable for clean-up costs of old hazardous waste sites. These costs are substantial: reserves grew to nearly USD500 million in 1991. Attempting to avoid further set-asides, and anticipating US-style liability laws in Europe, environmental managers undertake a review of the company's three-part environmental control policy. With extensive programs for disposal-site inspection, auditing for compliance, and hazardous waste reduction, the managers try to optimize costs and liabilities by balancing waste disposal and reduction. The case recounts the formation of the control policy in response to legislation such as RCTA, Superfund, and the Toxics Release Inventory. Examines in detail the implementation of the three hazardous waste programs, analyzing the experiences of two plants. Exhibits include internal control documentation.

Settings

Locations:
Industry:
Size:
Fortune 500, 98,000 employees, USD12 billion revenues
Other setting(s):
1992

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