Environmental Liability Risk Articles & Analysis
10 articles found
Railroad facilities need a storm water pollution prevention plan in place to manage their environmental compliance liability risk. Facilities with a comprehensive SWPPP that works in tandem with Best Management Practices (BMPs) will be able to minimize their regulatory compliance risk. ...
Climate change and carbon risk management are complex environmental and societal issues, as well as fundamental business issues. Increased reporting and disclosure of environmental and carbon exposures and liabilities, risks and opportunities are driven by federal, regional, and state/provincial requirements ...
Securities and Exchange Commission (SEC) finally put years of public outcry and speculation to rest with the release of an interpretive guidance document explaining how publicly traded companies are expected to assess and disclose business risks associated with climate change. The Commission voted 3-2 in favor of the guidance document that formally explains when, and to what ...
Therefore, directors expect to be informed about environmental risks and liabilities, environmental compliance, and key issues facing the company. ...
There are many advantages for a company who is pursuing a course of superior environmental performance. Governmental Trends to Improve Environmental Management Better organization and more efficient management of environmental responsibilities. Better compliance with laws and regulations. Reduction in environmental ...
The potential for a borrower or lender to incur liability for the cleaning up of contaminated land is now real. An insight into how banks assess contaminated land risk is provided, taking into consideration that environmental risk assessment today is becoming part of the credit approval process. Yet, banks seem more worried about ...
Japan is also pushing for voluntary environmental performance reporting from companies. Honest reporting on how environmental issues and liabilities will affect company performance is the subject of a new Recommendation issued by the European Commission in 2001 on the recognition, measurement and disclosure of environmental ...
Untitled Document Environmental engineers and others involved with brownfields redevelopment have increasingly come to appreciate the role of the new environmental insurance products in financing environmental liability risk. Most have probably heard of cleanup cost cap insurance that ...
Step One is More Complex The identification and analysis of environmental risk is a much more complex and technical affair than the identification and analysis of other liability risks. Environmental risk is not the ordinary liability risk; it has a first party ...
Part One Introduction Real estate transactions with environmental problems often founder on attempts to shift the liabilities from one party to the other. In transactions with other types of problems, insurance is a popular risk transfer mechanism, and is regularly used for that purpose, but it is used far less often when there are ...