rd more detailed statements than decentralized companies. Most statements addressed concerns related to the prevention of accidents and pollution. In general, firms expressed their commitment to reduce adverse effects to a practicable minimum, comply with existing regulations and laws, and conduct business in an environmentally responsible manner.
Other environmental policy statements reflected the firms' intentions to assume positions of environmental leadership. An example is Toyota Motor Corporation's policy statement: "Although we are at the forefront in environmental activities, we are not satisfied with the present state of affairs. We will continue to search for new ways to take the protection of the environment to ever higher levels" (United Nations, 1993a, p. 18).
Some firms set specific targets for future environmental performance. For instance, the American-based corporation Raychem developed a set of five-year Environmentally Compatible Operational Goals, one of which is to reduce ozone-depleting emissions by 90 percent (United
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