Environmental Responsibility
Protection against environmental risks and obligations.
Protect your company against claims and obligations arising from environmental damage, complying with current legislation.
Environmental responsibilities pose an increasing risk and high costs for the company, which has led to a heightened public awareness and an increase in environmental regulation. The Ley de Responsabilidad Civil Medioambiental (Environmental Civil Liability Act) establishes fundamental obligations for holders of all economic or professional activities, including:
Adoption of preventive measures: Implementing at their own cost the necessary actions to avoid harm to the environment.
Restoration of natural resources: Duty to restore natural resources once damaged.
Mandatory financial guarantee: For professional activities included in Annex III of Law 26/07, in effect since April 2010.
This law regulates the responsibility of operators to prevent, avoid, and repair environmental damage caused to waters, soils, sea shores or estuaries, wilderness areas, and protected habitats.
Highlights
Environmental Responsibility has become a fundamental product for many companies.
Regulatory compliance
Damage prevention
Provides comprehensive coverage to avoid penalties and claims.
Coverages
The environmental liability coverages include:
- Combustion facilities
- Production and transformation of metals
- Mineral industries
- Chemical industries
- Waste management
- Paper and cardboard industry
- Textile industry
- Leather industry
- Agri-food industries and livestock farms
- Consumption of organic solvents
- Carbon industry
- Facilities used for the research, development, and testing of new products and processes.
- Discharges into inland and underground waters.
- Discharge or injection of pollutants.
- Water capture and reservoir management.
- Manufacturing, utilization, storage, transformation, bottling.
Environmental Responsibility
How can we help you?
Contact your specialists for Environmental Responsibility
Frequently asked questions
Why do companies need this insurance?
Because it is mandatory not only to repair environmental damage but also to prevent it. It is an administrative responsibility required by the Public Administration.
Who is it aimed at?
To any private or public company that may cause a negative impact on natural resources.
Types of companies that require this insurance:
Transportation
Renewable Energies
Real Estate Sector
Construction
Waste treatment and management
Manufacturing (paper, electrical, chemical, etc.)