When undertaking a large capital investm ent project, such as an infrastructure upgrade or commercial development, it is crucial that companies properly grasp and assess the full environmental and social impact of their plans, in addition to complying with local regulatory requirements. In an increasingly environmentally conscious world, these considerations must be set in a long-term context.
The Environmental Assessment of projects that may cause environmental impact is essential for the sustainable development of both public and private initi atives, which allows incorporating the environmental and social dimension into a project, from its pre-feasibility to the different phases of its construction, operation and closure.