In the past fifty years, torrents of environmental regulations have washed down upon corporate activity around the world, collecting into what many have termed an ‘environmental alphabet soup.’ Indeed, over 1,300 multilateral environmental agreements, 2,200 baseline environmental assessments, 250 other environmental agreements, and 90,000 individual country actions in accordance with these assessments currently exist. Yet, because international environmental standards lack systematic means of enforcing corporate adherence, corporate heads have the leeway to continue prioritizing profit over their environmental responsibilities, and, as a consequence, the world has seen a 75 percent increase in global greenhouse gas emissions between 1970 and 2004. To remedy this lack of oversight, the corporate accountability movement aims to build an environmental standard of care: a set of responsibilities each corporate entity has to prevent any anticipatable environmental damage.

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