Abstract

The requirements of environmental regulations imposed on industry are complex and expensive. As these regulations have developed, corporate compliance programs have had to become more sophisticated. For many, this means that an environmental auditing program is now timely (or overdue) for organizing their approach to meeting the constraints of these regulations. Contributing to this timeliness is a renewed emphasis by regulators on enforcement activities. This paper discusses what environmental auditing is and what it consists of, gives examples from a few approaches which are currently being used, and reviews some of its benefits and liabilities.

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