Environmental audit in Singapore
The growing environmental problems have led to the concern for the environment and brought about the evolution of environmental auditing. Environmental auditing originated in the United States and spread its influence to many industrialized countries. Although there are many definitions as...
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Format: | Final Year Project (FYP) |
Language: | English |
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2015
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Online Access: | http://hdl.handle.net/10356/64348 |
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author | Chua, Boon Hua |
author2 | Teo Susan |
author_facet | Teo Susan Chua, Boon Hua |
author_sort | Chua, Boon Hua |
collection | NTU |
description | The growing environmental problems have led to the concern for the
environment and brought about the evolution of environmental auditing.
Environmental auditing originated in the United States and spread its influence to
many industrialized countries. Although there are many definitions as to the
concept of environmental auditing, it can be seen as a management tool that
enables management to. access environmental.performance against corporate
standards and compliance with environmental legislation.
The benefits of environmental auditing include enhancement of corporate
image, better resource management and assessment of compliance with
environmental legislation to avoid legal liabilities. The difficulties relating to the
implementation of environmental auditing include the lack of environmental
auditing standards and information databases, the lack of trained professions to
conduct an environmental audit, the implementation problems of adopting
environmental auditing in an organization, and the lack of willing parties to bear
the cost of environmental auditing.
This paper looks at the potential role of an environmental audit in
Singapore, a newly industrialized country especially in its chemical,
manufacturing and construction industry. The survey and interview results,
however, indicate that environmental auditing may not be necessary in the near
future as the industries are having less environmental problems compared to the
United States counterparts. Also, environmental auditing may not be necessary
because of the active role played by the Ministry of Environment. Hence, firms in
Singapore generally are not in the opinion that the benefits of environmental
auditing will accrue in the local environment. Furthermore, if environmental auditing is to be adopted, there are problems
as to the availability of environmental auditing services and environmental
auditors. In addition, neither the public nor firms are willing to bear the costs of
environmental audit. |
first_indexed | 2025-02-19T03:46:20Z |
format | Final Year Project (FYP) |
id | ntu-10356/64348 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2025-02-19T03:46:20Z |
publishDate | 2015 |
record_format | dspace |
spelling | ntu-10356/643482023-05-19T06:24:04Z Environmental audit in Singapore Chua, Boon Hua Teo Susan Nanyang Business School DRNTU::Business The growing environmental problems have led to the concern for the environment and brought about the evolution of environmental auditing. Environmental auditing originated in the United States and spread its influence to many industrialized countries. Although there are many definitions as to the concept of environmental auditing, it can be seen as a management tool that enables management to. access environmental.performance against corporate standards and compliance with environmental legislation. The benefits of environmental auditing include enhancement of corporate image, better resource management and assessment of compliance with environmental legislation to avoid legal liabilities. The difficulties relating to the implementation of environmental auditing include the lack of environmental auditing standards and information databases, the lack of trained professions to conduct an environmental audit, the implementation problems of adopting environmental auditing in an organization, and the lack of willing parties to bear the cost of environmental auditing. This paper looks at the potential role of an environmental audit in Singapore, a newly industrialized country especially in its chemical, manufacturing and construction industry. The survey and interview results, however, indicate that environmental auditing may not be necessary in the near future as the industries are having less environmental problems compared to the United States counterparts. Also, environmental auditing may not be necessary because of the active role played by the Ministry of Environment. Hence, firms in Singapore generally are not in the opinion that the benefits of environmental auditing will accrue in the local environment. Furthermore, if environmental auditing is to be adopted, there are problems as to the availability of environmental auditing services and environmental auditors. In addition, neither the public nor firms are willing to bear the costs of environmental audit. ACCOUNTANCY 2015-05-26T03:35:07Z 2015-05-26T03:35:07Z 1993 1993 Final Year Project (FYP) http://hdl.handle.net/10356/64348 en Nanyang Technological University 65 p. application/pdf |
spellingShingle | DRNTU::Business Chua, Boon Hua Environmental audit in Singapore |
title | Environmental audit in Singapore |
title_full | Environmental audit in Singapore |
title_fullStr | Environmental audit in Singapore |
title_full_unstemmed | Environmental audit in Singapore |
title_short | Environmental audit in Singapore |
title_sort | environmental audit in singapore |
topic | DRNTU::Business |
url | http://hdl.handle.net/10356/64348 |
work_keys_str_mv | AT chuaboonhua environmentalauditinsingapore |