||The Industrial Revolution which began at the end of the 18th century opened a new chapter in human history. Since the steam engine was invented by Watt, technology advances and innovations have taken place continuously. This has brought unprecedented prosperity to mankind. However, highly developed technology has led to environmental pollution and an damage the natural ecology and human life. The issue is only now attracting attention. In the face of undeniable environmental damage, every large petrochemistry company has realized that the trend toward greater environmental responsibility cannot be ignored and needs to be seriously considered. Due to global complications, however, there are different priorities and strategies among countries in th way their enterprises approach environmental protection issues. |
This research paper is focused on the continuity of green management from multi-national oil corporations down to the joint-venture subsidiaries. Two JV subsidiaries and three parent companies are included in this study. This research is based on a non-quantitative study, by means of face-to-face interviews and information collection, in an attempt to understand the policy details and implementation of green management continuity from parent companies to their subsidiaries.
This research tackles the following issues: (1) How the multi-national oil corporations extend and control the green management of their subsidiaries (2) Differences among the multinational oil corporations regarding green management (3) Comparing multinational oil corporations, how local oil companies control the green management of their subsidiaries (4) Where Petrochemical industry corporations manage environmental protection and safety within the same department, what is the degree of interaction between these two functions
The search has revealed: (1) In terms of influence on environmental protection implementation, the local environmental regulation are obviously more influential than the direction handed down by the parent companies of multi-national corporations. (2) In terms of influence on environmental protection implementation, the influence of local neighborhood consciousness is also greater than that exercised by the parent companies of multi-national corporations. (3) In term of green management control and coordination with subsidiaries, multi-national corporations are made adept than local companies. (4) Multi-national corporations handle environmental protection issues based on risk management (5) Multi-national corporations emphasis safety before environmental protection issues.