Environmental Audit
/ɪnˌvaɪrənˈmɛntl ˈɔːdɪt/
Definitions
- (n.) A systematic, documented, and objective evaluation of an entity's compliance with environmental laws, regulations, and policies.
The company conducted an environmental audit to ensure adherence to new pollution control standards.
- (n.) A legal tool used to identify and assess environmental liabilities and risks associated with a property or business.
Before acquiring the facility, the investor requested an environmental audit to uncover potential legal liabilities.
Forms
- environmental audit
- environmental audits
Related terms
See also
Commentary
An environmental audit is critical in legal due diligence and regulatory compliance contexts, often focusing on past and present adherence rather than future projections.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.