Environmental Compliance is a broad term that includes various sustainability objectives and mandates adherence to multiple environmental legislations. In the United States, for instance, there are several such laws, including the Environmental Protection Agency, Clean Air Act, Clean Water Act, Resource Conservation and Recovery Act (RCRA), and the Stormwater Clean Water Act, among others. It's not only obligatory to comply with these laws, but failure to do so can have severe financial implications and potentially cause extensive environmental damage around the incident site. The consequences of noncompliance might not only be monetary penalties but could also include imprisonment. The fine could be as much as $2,500 per day for each violation, and that doesn't account for operational disruptions, legal costs, and loss of business due to a tarnished reputation. If these factors aren't enough to underscore the importance of environmental compliance, consider that implementing best practices in line with environmental regulations can boost your business's sustainability, enhance operational efficiency, and increase profitability.
Environmental compliance covers a broad range of laws, regulations, and standards framed by governments and other regulatory bodies to protect the environment even when businesses continue to manufacture and reach out to several markets.