Since October 2018 (Law 26/2007), companies must have a financial guarantee that allows them to face the environmental responsibility inherent to the activity they carry out. This Law establishes that the determination of the amount of the financial guarantee will start from the Environmental Risk Analysis of the activity.

Euro-Funding collaborates with companies in defining the risks associated with their activity, quantifying the cost of repairing the possible environmental damage that would be caused in the event of an accident, following the UNE 150.008 Standard Analysis and evaluation of environmental risk or equivalent standards.

Once the cost has been quantified and the guarantee established, the measures detected allow:

  • Take preventative action to reduce environmental risks
  • The possibility of reducing the financial guarantee

Steps for the constitution of the obligatory financial guarantee: