Framework Act on Environmental Policy

    South Korea

    Framework Act on Environmental Policy

    The South Korean Framework Act on Environmental Policy (‘FAEP’) for the framework for protection of the environment by preventing it from pollution and damages, by managing and preserving it in a sustainable manner. The FAEP govern the rights and duty of citizens and the state’s obligation in regard to the environment preservation. The FAEP enshrines the fundamental idea that citizens shall enjoy the benefits of a healthy environment.  

    Last Updated: July 30, 2019

  • Requirements

     Article 7 of the FAEP highlights individuals’ liability in environmental damages, noting that liability is attributed to those actions which pollute the environment and damage the principles of preserving the national land and environment.  

    In addition, Article 7-2(2) of the FAEP stipulates that business operators shall use materials in which limit pollution potential  and improve their production processes at the entire phases of business activities such as production, sale, distribution and disposal, etc. of their products, and endeavor to make original reductions in generating the polluting substances and to minimize harm.

  • How OneTrust Helps

    OneTrust Vendorpedia simplifies third-party risk management by combining automation with aggregated vendor research to streamline the vendor engagement lifecycle, from onboarding to offboarding. The platform helps organizations conduct faster and more in-depth security and privacy reviews. 

    Vendorpedia is backed by the world’s largest and most up-to-date database of privacy and security laws, frameworks, and standards, which directly power and enrich OneTrust Vendorpedia. Research is generated by 30 in-house security and privacy experts and a network of 500 lawyers across 300 jurisdictions.  

    For additional details on Vendorpedia, read more here. 

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