Question

Mention two ways in which activities of MNCs can be monitored in developing countries.

Answer 1

The MNCs can take the following measures to reduce the severity of the impact on the environment:

1. CSR activities: An organization can become more socially accountable to the public, its stakeholders, and society by using a self-policing business model called corporate social responsibility, or CSR. Businesses that participate in environmental corporate social responsibility (CSR) initiatives invest in projects such as agroforestry, reforestation, planting new plantations, installing highway pollution monitoring systems, and more. These programs assist in enhancing the quality of the land, water, and air.
2. Adopting eco-friendly methods: MNCs can improve their procedures to make them less environmentally harmful. Efficient waste management involves recycling spent or partially used resources, making efficient use of available resources, minimizing packing, installing energy-efficient and less polluting systems, and minimizing paper consumption, among other things.