Corporate Culture Matters More to the Environment

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In a lofty address that at times resembled a campaign speech, the chief executive of Wal-Mart Stores, H. Lee Scott, said that “we live in a time when people are losing confidence in the ability of government to solve problems.” But Wal-Mart, he said, “does not wait for someone else to solve problems.” Mr. Horowitz said Wal-Mart had room to improve, however. Its next goal, he said, should be to stop selling the least energy-efficient products, rather than simply introducing better models.

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Corporate Culture Matters More to the Environment

Written by David Neubert

CAMBRIDGE, MA.—Corporate culture plays the key role in a company's decision to participate in voluntary environmental compliance programs, according to a new report titled “Beyond Compliance: Business Decision Making and the US EPA’s Performance Track Program ,” released by the Regulatory Policy Program (RPP) at Harvard’s Kennedy School of Government.