Environmental Due Diligence Audits
- Identify your environmental risks
- Prior to acquisition or purchase
- Determine any existing issues
- So they can be managed appropriately
- Establish any barriers to growth
- To make an informed business decision
EMS can provide a comprehensive environmental audit service for business as part of legal and commercial due diligence. This service provides insurers, solicitors, intermediaries and investment managers with an in-depth, independent review to determine:
- Environmental legal compliance.
- Barriers to growth.
- Existing environmental clean-up liabilities that may be inherited.
This will help to determine the appropriate insurance cover for the business being purchased, and identify any mitigation or remedial measures and costs that will be required to continue operation.
An audit will usually begin with our experienced consultant meeting with key personnel within the organisation, progressing to a site tour and inspections. A review of relevant vendor-supplied information via the electronic data room will be undertaken, and the most common obvious concerns will be looked at. This includes land, air and water emissions, environmental permitting concerns, waste management, oil and chemical storage and statutory nuisances in addition to any site or organisation specific concerns.
A prepared report will give you a good idea of what is happening in a business or on a site, focusing on three broad areas:
- Legal compliance
- Barriers to growth
- Determination of clean-up liabilities and costs.
The report will also identify which issues, if any, need to be dealt with soon, and our risk and liability management service can help you address these and ensure your new business or site continues to remain legally compliant.
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