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The rapid decline
in the state of the earth's ecological environment has brought the
issue of environmentally sustainable industrial development to the
forefront of government and corporate agendas. Consequently, global
environmental concerns, such as green house warming, ozone hole
depletion, and biodiversity destruction have become important inputs
for decision making at the firm level.
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While
industrial greening has been intensively discussed in the developed
country contexts, in the context of the developing countries greening
may differ in terms of methods as well as outcomes.
The issue of environment and industry competitiveness is particularly
important in the case of developing countries such as India as several
studies have pointed out that improvements in environmental performance
can actually improve the overall performance of the industry, especially
in view of the developments under WTO as well as other multilateral
agreements.
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Given
the strategic importance of environmental management from a national
perspective, it is necessary for the business schools in India to
take a more proactive role in creating managers and business leaders
who have a good understanding of how to incorporate environmental
issues into corporate decision making. This site aims at strengthening
the capacity of business schools in India to play a pivotal role
in the greening of Indian industry.
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