Voluntary environmental programs: A comparative perspective |
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| Authors: | Aseem Prakash Matthew Potoski |
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| Affiliation: | 1. Professor of Political Science and the Walker Family Professor for the College of Arts and Sciences, University of Washington, Seattle;2. Professor of Corporate Environmental Management, Bren School of Environment, University of California, Santa Barbara |
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| Abstract: | Voluntary environmental programs (VEPs) are institutions for inducing firms to produce environmental goods beyond legal requirements. A comparative perspective on VEPs shows how incentives to sponsor and participate in VEPs vary across countries in ways that reveal their potential and limitations. Our brief survey examines conditions under which VEPs emerge, attract participants, and improve participants' environmental performance. We focus on the costs and bene‐fits for actors seeking to supply (or sponsor) these governance mechanisms as well as the costs and benefits for firms who are considering joining VEPs and adhering to their program obligations. © 2011 by the Association for Public Policy Analysis and Management. |
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