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Risk Management: Environmental Legal Aspects |
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Environmental legislation has made organisations, directors and managers much more vulnerable to liabilities based on environmental concerns. With the associated pressures to maintain good corporate governance, risk assessments have become a prerequisite for sound business management. Organisations have to ensure that they manage risks through the life cycle of new operations, from the operation of activities to the acquisition and disposal of assets and enterprises. Environmental liabilities associated with mergers, acquisitions and similar business transactions present substantial risks to acquiring firms, as they can expose themselves to liabilities hidden in their target assets. A core component of risk assessment and evaluation rests on the level of legal compliance of organisations, as legislation is usually the driver behind environmental liability. Green Gain Consulting provide environmental legal risk assessments, environmental legal compliance audits and the environmental legal components of due diligences that may apply to the following activities: • Project planning and permitting procedures • Project implementation • EMS implementation • Joint Ventures and strategic alliances • Mergers • Private equity • Privatisation • Disposals • Demergers • Initial Public offerings • Private and Structured Finance |
