Corporates and the Environment: External pressure pushes Sri Lanka’s Garment and Apparel sector towards Good Environmental Practices

Research output: Book/ReportOther report

1 Citation (Scopus)

Abstract

Companies can gain access to broader export markets, enhance their reputation and reduce internal costs when they improve their environmental performance. An examination of Sri Lanka’s textile and apparel sector suggests that export-oriented firms face significant external market pressure to adopt sound environmental practices and save costs from taking these on. While factories respond to domestic environmental regulations, pressure from international buyers clearly nudges them toward voluntarily adopting environmental practices. Thus, global social corporate responsibility practices, domestic regulations and advocacy and training through industry associations are three levers that could prod Sri Lankan companies toward sustainability.
LanguageEnglish
Place of PublicationKathmandu
PublisherSouth Asian Network for Development and Environmental Economics (SANDEE)
Number of pages2
Volume84-15
Publication statusPublished - 1 Apr 2015
Externally publishedYes

Fingerprint

Sri Lanka
Costs
Environmental practices
Apparel
External environment
Industry association
Environmental regulation
Factory
Export markets
Corporate Social Responsibility
Sustainability
Advocacy
Environmental performance
Buyers

Cite this

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title = "Corporates and the Environment: External pressure pushes Sri Lanka’s Garment and Apparel sector towards Good Environmental Practices",
abstract = "Companies can gain access to broader export markets, enhance their reputation and reduce internal costs when they improve their environmental performance. An examination of Sri Lanka’s textile and apparel sector suggests that export-oriented firms face significant external market pressure to adopt sound environmental practices and save costs from taking these on. While factories respond to domestic environmental regulations, pressure from international buyers clearly nudges them toward voluntarily adopting environmental practices. Thus, global social corporate responsibility practices, domestic regulations and advocacy and training through industry associations are three levers that could prod Sri Lankan companies toward sustainability.",
author = "Kinkini Hemachandra",
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Hemachandra, K 2015, Corporates and the Environment: External pressure pushes Sri Lanka’s Garment and Apparel sector towards Good Environmental Practices. vol. 84-15, South Asian Network for Development and Environmental Economics (SANDEE), Kathmandu.

Corporates and the Environment : External pressure pushes Sri Lanka’s Garment and Apparel sector towards Good Environmental Practices. / Hemachandra, Kinkini.

Kathmandu : South Asian Network for Development and Environmental Economics (SANDEE), 2015. 2 p.

Research output: Book/ReportOther report

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N2 - Companies can gain access to broader export markets, enhance their reputation and reduce internal costs when they improve their environmental performance. An examination of Sri Lanka’s textile and apparel sector suggests that export-oriented firms face significant external market pressure to adopt sound environmental practices and save costs from taking these on. While factories respond to domestic environmental regulations, pressure from international buyers clearly nudges them toward voluntarily adopting environmental practices. Thus, global social corporate responsibility practices, domestic regulations and advocacy and training through industry associations are three levers that could prod Sri Lankan companies toward sustainability.

AB - Companies can gain access to broader export markets, enhance their reputation and reduce internal costs when they improve their environmental performance. An examination of Sri Lanka’s textile and apparel sector suggests that export-oriented firms face significant external market pressure to adopt sound environmental practices and save costs from taking these on. While factories respond to domestic environmental regulations, pressure from international buyers clearly nudges them toward voluntarily adopting environmental practices. Thus, global social corporate responsibility practices, domestic regulations and advocacy and training through industry associations are three levers that could prod Sri Lankan companies toward sustainability.

M3 - Other report

VL - 84-15

BT - Corporates and the Environment

PB - South Asian Network for Development and Environmental Economics (SANDEE)

CY - Kathmandu

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Hemachandra K. Corporates and the Environment: External pressure pushes Sri Lanka’s Garment and Apparel sector towards Good Environmental Practices. Kathmandu: South Asian Network for Development and Environmental Economics (SANDEE), 2015. 2 p.