Write short notes on the following: (iii) Justification for environmental due diligence.

Few reasons for performing environmental due diligence are enumerated below: To assess the emission of hazardous substances and mitigation measures through examination of industrial sites To ensure Regulatory compliances and to assess the cost of non-compliances if any Societal reaction to emission of effluents and its impact on the financial health of the company. To assess the overall impact on environment. To suggest remedial course of actions and environmental management plan To assess the sustainability initiatives of the company and its potential impact on the business. To allocate liabilities identified during the investigation, draft indemnities, or perhaps re-price the deal.