Managing environmental risk in existing light industrial estates

Michael Ross Jayne

Business Strategy and the Environment, 2001, vol. 10, issue 6, 365-382

Abstract: In order to optimize the role of light industrial estates in the environment, it is desirable to follow the principles of ecological modernization and factor the environmental considerations into the development process. This is not possible with existing estates, where a different approach must be taken. This paper examines research conducted at five light industrial estates and considers the role of the landlord in determining an alternative strategy. The results suggest that occupiers are still not taking all the reasonable steps available to them in order to mitigate their potential for environmental damage, nor are they fully exploiting the opportunities that exist for environmental improvements. Landlords of light industrial estates have long term interests in property and, consequently, have a role in ensuring that existing estates are better managed from an environmental point of view. As such landlords have the potential to contribute to the process of ecological modernization. Copyright © 2001 John Wiley & Sons, Ltd and ERP Environment

Date: 2001
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