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solid wastes it has released into the environment. Therefore, it is sound
business policy to install pollution control devices in its premises to reduce
the risk of liability.
(iii) Cost savings: An effective pollution control programme is also needed to
save costs of operating business. Cost savings are particularly noticeable
when improper production technology results in greater wastes which lead
to higher cost of waste disposal and cost of cleaning the plants.
(iv) Improved public image: As society becomes increasingly conscious of
environmental quality, a firm’s policies and practices for controlling wastes
will increasingly influence people’s attitude towards its working. A firm
that promotes the cause for environment will be able to enjoy a good
reputation and will be perceived as a socially responsible enterprise.
(v) Other social benefits: Pollution control results in many other benefits like
clearer visibility, cleaner buildings, better quality of life, and the availability
of natural products in a purer form.
Role of Business in Environmental Protection
The business enterprises should, however, take the lead in providing their own
solutions to environmental problems. It is the social responsibility of every
business to take steps not only to check all sorts of pollution but also to protect
environmental resources.
Business enterprises are leading creators of wealth, employment, trade and
technology. They also command huge financial, physical and human resources.
They also have the knowhow to solve environmental pollution problems with a
preventive approach by controlling pollutants at the source.