environmental liability (Q1418)
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Environmental liability is the responsibility of a person or company for environmental damage caused by their activities.
- environmental liabilities
- environment liability policy
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | environmental liability |
Environmental liability is the responsibility of a person or company for environmental damage caused by their activities. |
|
Statements
Environmental liability is the responsibility of a person or company for environmental damage caused by their activities. It's based on the "polluter pays" principle, which means that those who cause environmental damage are financially responsible for it.
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