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Internalizing Externalities in E.U. Law: Why Neither Corporate Governance nor Corporate Social Responsibility Provides the Answers
Academic journal article from The George Washington International Law Review, Vol. 40, No. 4
Beginning of article
I. E.U. LAW, SUSTAINABLE DEVELOPMENT, AND THE ROLE OF CORPORATIONS
A. Taking the General Objectives of the E. U. Treaties Seriously
E.U. law1 purports to take sustainable development,2 and notably its environmental dimension, seriously.3 At the Treaty level, the European Union has progressed from a situation where it did not even mention environmental protection to one where it included environmental protection as one of the general objectives of E.U. law in Article 2 EC of the European Community Treaty (Treaty)4 in 1992 and where it codified the sustainable development principle in the environmental integration rule of Article 6 EC5 in 1997.6 Interesting issues are raised …
