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ASTM E2173

Standard Guide for Disclosure of Environmental Liabilities

Standard by ASTM, 2022-04-08

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  • Language: English
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About This Item

Legal Notices*

ASTM E2173 is the Standard Guide for Disclosure of Environmental Liabilities, providing a practical framework for identifying and communicating potential environmental obligations. It is intended to support clear reporting and more consistent evaluation of liabilities that may affect transactions, compliance decisions, and financial planning. By focusing on disclosure, this ASTM standard helps organizations present environmental liability information in a way that is more usable for internal review and outside stakeholders.

Overview of ASTM E2173

The Standard Guide for Disclosure of Environmental Liabilities addresses how environmental liabilities may be described and shared in a structured, understandable manner. ASTM E2173 is especially relevant where environmental obligations need to be reviewed for due diligence, reporting, or decision-making purposes. As a guide rather than a prescriptive test method, it supports consistency in how liability-related information is organized and communicated. That can help reduce ambiguity when environmental risks are part of a broader business, legal, or compliance process.

Common use cases of ASTM E2173

This guide is commonly used when environmental liability information must be disclosed during property transactions, corporate assessments, or internal risk reviews. ASTM E2173 may also support teams that prepare documentation for environmental due diligence, compliance evaluation, or acquisition planning. Because it focuses on disclosure, it is useful wherever clear communication of potential obligations is important, especially when records need to be reviewed by legal, financial, or environmental professionals.

Benefits of using ASTM E2173

Using ASTM E2173 can improve consistency in how environmental liabilities are identified and disclosed, which may support better comparisons across projects or transactions. It can also help reduce uncertainty by encouraging clearer communication of relevant obligations and risk factors. For organizations managing environmental exposure, this ASTM standard may be useful for documentation quality, compliance support, and more informed decision-making. In practice, it can strengthen review processes without adding unnecessary complexity.

  • Guidance for environmental liability disclosure
  • Supports due diligence and review workflows
  • Helps improve consistency in reporting
  • Useful for risk and compliance documentation
SKU: 0ca2862f8955

  • Publication Date: 2022-04-08
  • Publisher: ASTM

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