Even more sophisticated

Article Abstract:

Environmental due diligence is becoming a more important feature in business negotiations. Some purchasers are not only looking at the immediate affects of environmental issues but on the possible implications of those issues preventing their exit. Many managers now recognize environmental hazards should be dealt with immediately rather than leaving them for the future. New UK environmental legislation will have an impact on the environmental liabilities for businesses. The environmental due diligence process is also being used to evaluate safety and health issues.

Negotiation, Negotiations

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Effective environmental due diligence

Article Abstract:

There has been a rise in demand for environmental due diligence in the UK in 1999. The way in which environmental liabilities are split between vendor and seller in the environmental risk management process has become increasingly sophisticated. The number of sectors in which environmental due diligence should be undertaken continues to widen, and this is also the case with the scope of the environmental investigation. Effective due diligence makes environmental issues into manageable business risks that can be integrated into the economic model.

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What can environmental due diligence achieve?

Article Abstract:

Business organisations which acquire other businesses are required to accept responsibility for all environmental matters relating to the acquired business. The obligation of due diligence is a positive one since it encourages the acquiring company to evaluate company processes with a view to improving efficiency and subsequent cost savings. Other advantages of environmental due diligence are discussed. Business cases are given.

Analysis

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