Sustainable development: reflections on economic development versus environmental liabilities

Abstract

 The economic activities and their effects on business environment issues in a worldwide scale are discussed in view of the importance of these to the community. Thus, in order to offset or minimize the negative environmental impacts of economic activity it’s necessary to determine an specific legislation, disciplinary procedures and operational technology capable of reducing or eliminating pollutants. Beyond legal requirements, recommendations and other proposals, even without regulation, are being implemented towards the effective responsibility and obligations regarding the restoration of environmental damage. Under that view the environmental liabilities has been incorporated as a management tool, since it can not be ignored by entrepreneurs companies.