Corporate accountability in environmental degradation: An international legal perspective on global sustainable practices

This paper explores the issue of corporate accountability in environmental degradation from an international legal perspective, focusing on global sustainable practices. With increasing concerns about environmental sustainability and the growing influence of multinational corporations, this paper examines the role that international law plays in holding corporations accountable for their environmental impact. It discusses various legal frameworks, including international treaties, conventions, and national legislations, that aim to regulate corporate behavior and mitigate environmental harm. The analysis covers the effectiveness of these legal mechanisms in addressing issues such as pollution, deforestation, climate change, and biodiversity loss. The paper also highlights the challenges of enforcement, jurisdictional limitations, and the role of corporate social responsibility (CSR) in promoting sustainable business practices. Furthermore, it assesses the potential for enhancing international cooperation and developing new legal tools to ensure corporate compliance with global environmental standards. In conclusion, the paper advocates for stronger legal frameworks and global collaboration to achieve long-term sustainability and hold corporations accountable for their environmental footprint. Keywords: Corporate Accountability, Environmental Degradation, International Law, Global Sustainability, Environmental Impact.

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Publication Details

Journal
Finance & Accounting Research Journal
Published
2024-12-19
DOI
https://doi.org/10.51594/farj.v6i12.1770
Primary Topic
Corporate Law and Human Rights
Type
article
Field-Weighted Citation Impact
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article

Corporate accountability in environmental degradation: An international legal perspective on global sustainable practices

Portia Oduro, Onoriode Reginald Aziza, Akinwale Omowumi Ishola, Precious Oluwaseun Okedele
Finance & Accounting Research Journal
Corporate Law and Human Rights
article

Corporate accountability in environmental degradation: An international legal perspective on global sustainable practices

Portia Oduro, Onoriode Reginald Aziza, Akinwale Omowumi Ishola, Precious Oluwaseun Okedele
article en

Abstract

This paper explores the issue of corporate accountability in environmental degradation from an international legal perspective, focusing on global sustainable practices. With increasing concerns about environmental sustainability and the growing influence of multinational corporations, this paper examines the role that international law plays in holding corporations accountable for their environmental impact. It discusses various legal frameworks, including international treaties, conventions, and national legislations, that aim to regulate corporate behavior and mitigate environmental harm. The analysis covers the effectiveness of these legal mechanisms in addressing issues such as pollution, deforestation, climate change, and biodiversity loss. The paper also highlights the challenges of enforcement, jurisdictional limitations, and the role of corporate social responsibility (CSR) in promoting sustainable business practices. Furthermore, it assesses the potential for enhancing international cooperation and developing new legal tools to ensure corporate compliance with global environmental standards. In conclusion, the paper advocates for stronger legal frameworks and global collaboration to achieve long-term sustainability and hold corporations accountable for their environmental footprint. Keywords: Corporate Accountability, Environmental Degradation, International Law, Global Sustainability, Environmental Impact.

Finance & Accounting Research JournalVol. 6(12)
Louisiana State University (US), Eastern Illinois University (US), Center Of Theological Inquiry (US)
Openalex Percentile: Top 67%
Corporate Law and Human Rights
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Corporate accountability in environmental degradation: An international legal perspective on global sustainable practices — Portia Oduro, Onoriode Reginald Aziza, et al. · Finance & Accounting Research Journal (2024) | TGRS Research Map | TGRS