Magazine article The CPA Journal

Businesses Seek Closer Government Tie to Protect Environment

Magazine article The CPA Journal

Businesses Seek Closer Government Tie to Protect Environment

Article excerpt

Business people realize the need to clean up the environment, but they want a more constructive relationship with government to pursue environmental objectives with mutual cooperation, trust, and respect, according to a recent survey of U.S. manufacturing companies.

The survey, conducted by Nexia U.S. Ltd., an affiliation of 10 independent accounting firms, polled CEOs of nearly 5,000 manufacturers with sales of up to $100 million.

Nine-five percent of survey respondents acknowledged the corporate responsibility to operate in a way that protects the environment. The respondents felt the U.S. has the strongest environmental compliance requirements in the world--with western European countries a close second, followed by the Pacific Rim, and Central and South American countries last.

Nearly 80% believe the government's role is more punitive, adversarial, and enforcement driven, than understanding, cooperative, and education-minded.

almost as many respondents (75%) called compliance paperwork unnecessarily burdensome and also felt that compliance requirements reduce profitability. …

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