Risk Assessment & Management
Often one of the greatest challenges in meeting today's environmental regulations is in accurately predicting and managing environmental business risk. Business risks arising from regulatory non-compliance can be substantial but EBI's experienced professionals are expert at identifying those risks and in ushering our clients through the regulatory morass with efficiency and clarity. Large as regulatory liabilities can be, they are often dwarfed by 3rd party liabilities including but not limited to personal injury, property damage, and business interruption, but EBI risk assessment and management programs have repeatedly proven effective at controlling even these risks.
EBI's risk management and risk assessment personnel continuously track likely regulatory changes and have created a powerful knowledge-base of likely 3rd party risks. With this information, EBI can identify for its clients multiple pathways to reduce risks, considering both near-term and long-term risk management goals, regulatory requirements, costs, and schedules associated with each pathway. EBI's risk experts also routinely assist their clients in identifying and evaluating the numerous protections from liabilities that may meet their needs, including Covenants Not To Sue, insurance, regulatory closure certificates, indemnifications, and escrow agreements.
The challenge of identifying and managing the risks is compounded with every additional site or facility. Our nationwide presence and multimedia multi-program expertise lightens this burden for you and creates value for your business.
EBI is expert at using environmental risk characterization to reduce contaminated property investigation and cleanup costs by developing scientifically defensible site-specific cleanup goals. EBI environmental risk assessments have been regulator-approved and successfully used many times to eliminate the need for land-use restrictions, to support carefully crafted limited land-use restrictions, to demonstrate that no remediation is warranted, and to enable our clients to reduce the largest risks with limited resources.
The risk assessment process can also be as simple as a sensitive receptor survey and site prioritization to enable informed decision making on which properties potentially pose the greatest risks.