Should a company give money to support the arts or protect the environment?

Civilization has changed made things in this world. One of the major impacts of this civilization is the use of factories to make goods. These factories differ from each other in many ways. But all of them have things in common. These are: firstly, all have inputs, then all produce the goods, finally all have waste products. It is on these similarities that I bias my discussion.  

If a newly opened factory has to survive, it should recruit officers to fill up open jobs. And this is most likely done among the community that the factory is built in. Many other kinds of business establishments would be created in association with the new flow of human resource. In addition this factory would compel other kinds of business making opportunities that would boost the economy of that particular community.

Furthermore, the community would be benefited from the products of the factory. It would even be better for the community to buy goods from the factory since the price of goods gets more expensive when your moving further away form the source.  

However, the waste products produced by this factory would be hazardous to the environment the community lives in, there by affecting the community itself. As most of environmental problems, the effect of the waste products of the factory would be gradual and would not be noticed until much damage has been made. Therefore, in the long term, the factory would deteriorate the environment and would ultimately make it unsuitable to live in.  

I would most likely support the building of a factory if such kind of offer came upon my community. Here I must once again mention the fact that I live in a poor country, which means that a factory would be compulsive. My community would most likely welcome a source of income and might be filled with apathy towards the future.  

In conclusion a factory may have both advantages and disadvantages. If it were to be built in a community it would be beneficiary and damaging at the same time. Therefore it all depends on the status and perception of the community.