As I stated in my last article, companies (including parastatals and state enterprises) should recognise that their activities in one way or the other have an impact, either positive or negative, on the environment.
Companies use resources, dispose waste, and produce greenhouse gases from energy used in industrial processes such as heating, lighting, manufacturing, power generation, mining and transport.
Good corporate governance requires companies to embrace the principles of sustainable development and to display a commitment to conducting business in a manner that provides the most benefit and the least damage to the environment.
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