use of environmental law

 use of environmental law

Introduction

In today’s business world, the use of environmental law is becoming common and effective. It has been witnessed that the companies operating globally are under the obligation of making sure that they are achieving the rules and regulations related to environmental laws. It is becoming a matter of great importance that companies or businesses operating globally are complying with environmental laws. It is becoming increasingly important that the focus of business is over fulfilling the requirements based on environmental law. It is also a matter of great importance to consider that in case if a business violated the laws and regulations, then at the time they have to face serious consequences such as the chances are high that the license can get revoked. It is becoming increasingly important for businesses operating in the EU that they should comply with the environmental policy of the region to prevent the environment from the negative impact of business. The report highlights that the business by the name of ECL is operating in the renewable energy sector and is facing issues related to increases in the omission of carbon particles. The fuel source used by ECL is BFF, and the wastages produced by its use is creating an issue for business.

Describing the problem in the case study

The case study is related to the ECL Company, and they are operating in the renewable energy sector. Still, the major issue in the case study is highlighted, which states that the company is involved in the process of producing harmful wastages, which in return, is going to have an adverse impact on society. ECL is dealing in the renewable energy sector, but along with this, it is also important here to make sure that the businesses are under the obligation to reduce the carbon impact over society, and this is the issue with using BFF. The nature of wastages produced by BCL Company is going to change the way through which operations are carried out. The case study highlights that along with an increase in carbon particles; the other major issue is the formation of poisonous gas, which is also highly explosive. The major focus of society is to make sure that they are achieving success. In this regard, they are keeping authorities satisfied in respect of wastages which they are producing. The formation of explosive gases is indicating that the environment is going to get impacted. The negative impact over the environment is a point of concern for the business as they have to face serious consequences. It is important here to understand that the businesses are under the obligation to make sure that they are fulfilling the environmental laws and regulations. Along with this, the corporate social responsibility of business makes it highly important for them to have operations that are not going to harm society and the environment as a whole. The case study indicates that the presence of poisonous gas in air is making it difficult for people to live and survive. The emission of poisonous particles in the air is making it difficult for people to live increase in carbon particles is having a bad impact over health which is going to distort the image of ECL Company is society as well

Benefit gathered from the operating business

In the case study, it has been highlighted that the company is operating in the renewable energy sector, which is eventually going to help the company is gaining several benefits. As per the policy of the EU, the companies operating in this sector is helping the businesses in achieving success and becoming competitive, which by providing them with funds for making operations better. ECL Company is operating in the renewable energy sector, and this makes it easy for a company to qualify for funds.

Along with this, the company is also going to enjoy support from the government as it is the policy that they are providing grants to companies that are operating in the renewable energy sector.

Along with this, it is also becoming highly important to consider that due to operations in the renewable energy sector, ECL can have the advantage of obtaining sanctions from the EU, which is going to improve the technology used in the process. The company can also take advantage of gathering renewable resources from all across the EU at the lowest rates, and this aspect is going to help the company in improving its profit margins. The major and sustainable benefit which ECL can have is using a good reputation in the market. It is important here to understand that the nature of ECL operations is helping the environment and society and the consumers are supporting companies which are maintaining their carbon footprint

Impact of business operations over the environment

It is becoming increasingly important to understand that businesses must ensure that they are focusing on maintaining the impact of their operations over the environment. It is important here to understand that all businesses are having an impact on the environment as some are using resources and having an increase in carbon footprint. While evaluating the nature of the operation of ECL Company, it is important to understand that the businesses have to manage the impact which it makes over the environment. It is the utmost responsibility of the business that they must focus on minimizing the impact which they make over the environment as it is their responsibility to protect people and the environment. The businesses operating in any sector must make sure that they consider the impact which they make over the environment first as compared to considering benefits. The operations of ECL are based on operating in the renewable energy sector, and they are helping society to sustain in the long run. It is important here to mention that the nature of operations of ECL Company is helping it to make the earth a better place to live for the future generation, which is the ultimate goal of operating in today’s era. When a business makes a positive impact on the environment than it is highly important to realize that this initiative is going to help the future generations in their survival.

Discussion and analysis of Environmental law

The environmental law of the EU is in existence, and it has laid the foundation for the fact that there are different regions and areas in which the businesses must ensure their compliance. EU committee has formulated policies related to environmental law, and this policy is covering both national and international standards for making sure that companies are fulfilling their responsibility concerning environmental law.  EU has conducted a survey in which it was highlighted that the environmental policy is based on 500 directives, regulations, and decisions. The environmental policy of the EU is stating that international standards are essential to meet by ECL. The implementation of environmental law is highly essential, and the process is based on making sure that businesses do compliance concerning meeting national and international standards. The European Union commission committee is also established, which is going o make sure that the law has been implemented effectively, and along with this, the breach of environmental law is also a point of concern for the committee. The foundation of the EU’s environmental law states that priority must be given to the betterment of society and the environment as a whole. There are different priority areas which are related to environmental laws such as:

• The EU’s environmental law is focusing on protecting the environment and doing good for society. The initiatives must be made over enhancing natural capital
• The other major focus of environmental law is to make counties part of EU resource-efficient and also ensure that they are limiting the rate of carbon emission in these countries
• It is becoming increasingly important to consider that the countries must take steps to safeguard the environment. Also, it must be ensured that the risks related to health and wellbeing are mitigated.

Management issues related to Environmental law

There are different instances in which it was witnessed that the management is facing issues with respect o complying with environmental laws. It is a point of concern for management of ECL that the waste which they are producing is going to have a negative impact over society and along with this, it is becoming increasingly important that the management of ECL must focus on limiting the amount of carbon emission and explosive gases as this is going to impact the reputation of business as well. The management issues in respect of compliance with environmental law is that the management has to incur a high level of cost only to make sure that they have the least carbon footprint. The management of ECL is also facing the same issue. To limit the amount of poisonous gas, they might have to switch to other renewable resources, which are expensive hat BFF, but it is going to have less impact on the environment. The management also has to make sure that they are also introducing new and effective technology in BCL, which is going to help the country and people living in a society in sustaining its position in the economy. By evaluating the case study, it is highlighted that there are two major issues faced by management i.e., carbon emission and poisonous gas. These matters are major issues for management because they are going to change the ways through which they are operating. The management might also face an issue when they are not having enough knowledge about the policies of environmental laws, as in this respect, they are not capable of fulfilling their objectives. At times it is witnessed that the alternates such as in the case of ECL are costly. Still, the management must have to perform a cost-benefit analysis and make a decision that is going to help in protecting the environment.

Recommendations to the company

By evaluating the case study of ECL, the following are the recommendations which are related to ECL Company:

• ECL Company must make sure that it is incorporating new technology as this is going to reduce the way through which the company is impacting the environment.
• It is recommended that the management of ECL Company must take steps to lower carbon emission and explosive gases and they can do this by switching to other materials
• The management of ECL should also focus on forming a compliance committee that is going to monitor the policies related to environmental law.

Conclusion

From all the above discussion, it is concluded that compliance with environmental laws is essentials as this is going to have an impact on the ways through which success has been achieved by business by following environmental standards. It is concluded that businesses like ECL, which are operating in the renewable energy sector, must also ensure that they are fulfilling their targets by establishing effective policies that are going to change the way through which operations are conducted. It is also concluded that businesses must ensure that they have an appropriate team in place, which is constantly going to monitor compliance with environmental laws. It is stated that even for a business like ECL government is providing no flexibility. It is concluded that for businesses, it is essential that they must make sure to review their environmental policy; otherwise, constantly, they have to face serious consequences such as their license can get revoked or bad market reputation. Lastly, it is also concluded that the management of ECL should also focus on analyzing the cost and benefits of complying with environmental laws.