The Intersection of Environmental Law and Corporate Liability: A Case Study Approach
Abstract
This paper examines the intersection of environmental law and corporate liability through a case study approach, highlighting the legal responsibilities of corporations in relation to environmental protection. As environmental regulations become increasingly stringent, businesses face significant legal liabilities for non-compliance, which can manifest as administrative, tort, or criminal penalties. The study outlines the evolution of environmental law, emphasizing key regulations such as the National Environmental Policy Act and the Paris Agreement, which shape corporate practices globally. By analyzing various case studies, including incidents related to oil spills and toxic waste disposal, the paper illustrates the financial, legal, and reputational repercussions of environmental violations for corporations. It argues that effective corporate compliance and risk management strategies, including the adoption of Corporate Social Responsibility (CSR) practices, are essential for mitigating liability risks. The findings suggest that corporations can enhance their sustainability performance and reduce legal exposure by integrating environmental considerations into their operational frameworks. The paper concludes with recommendations for strengthening enforcement mechanisms and promoting greater accountability in corporate environmental practices, emphasizing the need for a collaborative approach among stakeholders to achieve sustainable development goals.
Keywords Environmental law, corporate liability, compliance, Corporate Social Responsibility, case studies, sustainability, regulations, risk management