Environmental Due Diligence
/ɪnˌvaɪrənˈmɛntəl ˈduː ˌdɪlɪdʒəns/
Definitions
- (n.) The process of investigating and assessing environmental risks and liabilities associated with real estate or business transactions to ensure compliance with environmental laws.
The company conducted environmental due diligence before acquiring the manufacturing plant to identify potential contamination issues.
Forms
- environmental due diligence
Related terms
See also
Commentary
Environmental due diligence is a key step in transactional law to manage environmental risk exposure and can influence deal structure or price.
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.