Environmental Law is an integral and critical piece of ERM
process. The application of environmental laws, regulations,
permits and compliance requirements forms the basis of many
entities' environmental liability exposures. Environmental laws
and regulations impact how a corporation will conduct its
operations on a past, present, and future basis.
The magnitude of monetary fines, cleanup costs, and toxic tort
settlements and judgments are such that environmental law must
be integrated into the Environmental Risk Management process. A
risk manager's decision-making process must factor in the legal
constraints imposed by environmental laws.
The Environmental Law section presents highlights of the major
environmental laws, as well as links to the actual text of those
laws. The professionals at ERSI have used their
experience and training to analyze the major environmental laws
so that that the users of ERSI can focus on the
relevant portions of the laws that apply to their unique
circumstances. The user is given an insight into the application
and statutory/regulatory scheme of each environmental law so
they better understand how these laws will affect their business
decisions and management.