We all have a responsibility to ensure that our enterprise doesn’t adversely impact our environment. Are your clients aware of their risks? Are they protected? And if the worst case scenario does happen, what plans are in place to minimise the damage?
Pollution is not just a consideration for heavy industry. Your clients have an environmental risk if they:
The pace and breadth of environmental legislation and regulation means you need to ensure your clients are aware of the liabilities they may face, now and in the future. There are more than 250 pieces of legislation which have environmental implications. We can help you identify which are relevant for your clients.
Ultimate responsibility for cleaning up contamination rests with the polluter. Environmental liability insurance provides a cost effective means of transferring this exposure, removing the cost from your clients’ balance sheets.
Public and political awareness has grown, fuelling negative media attention and ultimately resulting in long term brand damage.
Environmental liability is firmly on the boardroom agenda, fuelled by pressure to operate in a sustainable way and by the necessity to demonstrate environmental protection credentials as part of any tender process or CSR programme.
Environmental, business travel and directors and officers liability (D&O) are three emerging risks for the luxury goods industry to watch.