Domtar CEO: Shadow Regulations Pose Challenges to Sustainability
Government regulation can be a blessing or a burden. In every case, it’s the result of a public process. In contrast, says Domtar CEO John D. Williams, too many of today’s extra-governmental, voluntary programs — shadow regulations — fall short of this process.
Shadow regulations are built on opaque algorithms and are of nebulous value, and they threaten the very transparency that legitimate sustainability regulations are supposed to advance.
Recently, Williams spoke to the Charlotte Economics Club in Charlotte, North Carolina, to highlight our commitment to sustainable manufacturing as well as his concern about organizations that solicit and aggregate corporate data and rate companies without transparency or a remedy for inaccuracies.