This literature review presents a summary of papers related to the determination of the sources of cobalt compound presence in the environment and the resulting pollution of water and land. Their properties, determining their toxicity to living organisms, have been specified, with sections devoted to their effect on microorganisms and plants. The influence (negative and positive) of cobalt on living organisms in water and soil environments, including the biological balance of the soil (the number of microorganisms, enzymatic activity) and plant growth and development, and the possibilities of their use in the phyto-and bioremediation of areas polluted with cobalt have been described. Particular emphasis has been placed on the presentation of the effect of cobalt on animals and man.