Environmental Best Practices, It Begins with Us: Business, Local Governments, and International Community Should Work Together

Abstract

The paper provides some explanations and best practices for two questions: What factors influence the adoption of environmental policies and regulations as a strategic asset? How do local governments better manage their environmental policies on a global basis? The United Nations has raised interna­tional awareness and has made their best effort to implement such plans to re­solve climate change and global warming concerns. There are various talks about the connection between business and geopolitics in regard to climate change and environmental responsibility. Through these talks, we find that na­tional culture and political forces can substantially affect all policy functions and there are many ways the national culture and geopolitics can affect the adoption of environmental policies. Interestingly, the environmental policies seem to fa­vor rather big companies and developed countries that have the financial re­sources to adopt the policies, while small companies and developing countries are seemingly left in the dust. Having a strong understanding and flexible solu­tion to the problem is immensely required. Bringing all stakeholders into the en­vironmental conversation can greatly benefit business, local governments, and international community as well. The findings of the study may help local gov­ernments formulate better effective environmental policies complying with the international standards.