Protecting environmental audits and reports: Balancing self‐examination and self‐protection

Recently, some companies have begun making environmental reports and internal audits public. Other companies have chosen not to do so. The desire to engage in a critical and thorough self‐examination is often thwarted by the fear that audits and other reports may be used against a company in later litigation or administrative proceedings. However, there are some legal, regulatory, and procedural safeguards that can protect a company that chooses to make reports and audits public. This article examines these safeguards, their strengths and weaknesses, and their role in balancing self‐examination and self‐protection.