Carbon Footprint Management Worse Than Sarbanes-Oxley

CFO continues to cover “green” issues and how companies react to them. The confusion on becoming “green” is borne out of the fact that much of the environmental crisis is trumped up. Companies are beginning to compare the coming regulatory environment to SOX – which was a ridiculous response to some corporate shenanigans:
Companies may have an easier time, however, selling green products and services to customers than becoming green themselves. Martin says that managing Jones Lang LaSalle’s carbon footprint has been “a nightmare…worse than the horrors of Sarbanes-Oxley.” That’s largely because the company’s activities depend heavily on travel and on …read more