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ENVIRONMENTAL DUE DILIGENCE INFORMATION MADE EASY
Mike Chester, Regional Sales Manager, Eastern Canada
B.Env.Sc., P.Ag., EP
ENVIRONMENTAL DUE DILIGENCE INFORMATION MADE EASY Mike Chester, - - PowerPoint PPT Presentation
ENVIRONMENTAL DUE DILIGENCE INFORMATION MADE EASY Mike Chester, - - PowerPoint PPT Presentation
ENVIRONMENTAL DUE DILIGENCE INFORMATION MADE EASY Mike Chester, Regional Sales Manager, Eastern Canada B.Env.Sc., P.Ag., EP The Value of Utilizing Big Data and Historical Information while Conducting Phase I Environmental Site Assessments
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Environmental risk requires careful management to ensure that the risk is properly reviewed and assessed under the right circumstances.
MANAGING ENVIRONMENTAL RISKS IN THE DUE DILIGENCE INDUSTRY
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Most stakeholders involved in real estate transactions are familiar with a Phase I ESA; a study routinely undertaken as due diligence associated with property transfer, financing or development. In Canada, Phase I ESAs are normally conducted in accordance with the Canadian Standards Association (CSA) environmental protocol. Briefly, a Phase I ESA has four components: 1) a records review; 2) a site visit; 3) interviews; and 4) an evaluation
- f information and reporting.
A Phase I ESA does NOT include sampling or testing soil, groundwater, or building materials. Such analyses are conducted in a Phase II ESA.
Phase I Environmental Site Assessment (ESA)
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Time Frame
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Information should be reviewed back to the first property use that may have affected the site’s environmental condition (prior to development)
- r to the extent that historical information
allows.
Search Distance
▪ CSA Guideline does NOT define any search radius for any data source. Canada uses 250m, as a standard radius, with a few exceptions. ▪ As a minimum, adjoining properties shall require a review of reasonably ascertainable records of aerial photographs, property-use records, title search and assessment rolls, and the required regulatory information.
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Aerial Photographs Property-Use Records:
Insurance records such as Fire Insurance Maps; Property-use records such as city directories; and Contaminated site and property-use registries, where available.
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Commercial Records
Company records such as site plans, permits, asbestos, surveys….
MANDATORY RECORDS REVIEW
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MANDATORY RECORDS REVIEW
Regulatory Information:
Permits; prosecutions, work
- rders, or control orders, or
complaints related to environmental compliance; and violations of environmental statutes, regulations, by-laws and approvals.
Title Search and Assessment Rolls Geological and Geotechnical Reports at the subject property
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Helpful Tips for sourcing information for records review include:
▪ Environmental audit reports ▪ Public health notices ▪ Well logs ▪ Inventories of waste disposal sites:
- PCB waste storage sites;
- Coal gasification plants;
- UST/AST;
- Waste generator registries;
- Air, surface water and groundwater data; and
- Prior environmental reports.
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A BRIEF HISTORY:
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In 1999, ERIS was founded to assist clients satisfy the CSA Phase I Environmental Site Assessment requirements in Canada.
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In 2013, ERIS expanded its services into the US market, providing coverage in all 50 states – North America coverage.
▪
In 2016, ERIS launched new product, ERIS Direct.
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In 2017, ERIS launched new products, Xplorer and the PSR.
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Also in 2017, ERIS expanded its services into the UK, Wales, Scotland and Australia market, providing for the first time – International coverage.
ERIS CREATED AN EASIER WAY!
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COAST-TO-COAST COVERAGE IN CANADA & THE UNITED STATES
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✓ Accurate ✓ Affordable ✓ On-demand ✓ Time-saving
❖ Over 50 million property & environmental records ❖ Over 1200 databases ❖ Across North America and in the UK, Wales, Scotland and Australia
ENVIRONMENTAL RISK INFORMATION SERVICES
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▪ Federal Convictions ▪ Contaminated Sites on
Federal Land
▪ National PCB Inventory ▪ Greenhouse Gas
Emissions from Large Facilities
▪ Transport Canada Fuel
Storage Tanks…
▪ Compliance and
Convictions/Warnings
▪ Fuel Storage Tank ▪ Inventory of PCB Storage
Sites
▪ Abandoned Mines and
Mine Openings
▪ Quarry Site Inventory ▪ Waste Disposal Sites…
FEDERAL PROVINCIAL ATLANTIC CANADA DATA SOURCES (There are over 100):
▪ Automobile Wrecking &
Supplies
▪ Chemical Register ▪ Anderson’s Waste
Disposal Sites
▪ Anderson’s Storage Tanks ▪ Retail Fuel Storage Tanks ▪ Scott’s Manufacturing
Directory…
PRIVATE
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ERIS DATABASE REPORT INCLUDES:
Cover Page Table of Contents Executive Summaries Map Aerial Detail
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SITE REPORT STANDARD REPORT
ERIS DATABASE REPORTS
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CUSTOM REPORT
ERIS DATABASE REPORTS
For larger, irregular, corridor projects… NB STANDARD REPORT
- Includes a search of federal,
provincial and private source databases for a subject site and adjacent properties within a 250m radius.
- Plus, includes a search for Property
Based Environmental Information (PBEI) for the subject site at no extra charge.
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Insurance Products (Fire Insurance Plans, Inspection Reports & Site Plans) Historical Aerial Photographs
IN ADDITION TO ERIS DATABASE REPORTS, WE OFFER A FULL LINE OF HISTORICAL PRODUCTS:
City Directory Searches
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Continued… A FULL LINE OF HISTORICAL PRODUCTS:
Current Land Titles and Historical Land Titles Topographic Maps
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Simply type in an individual address/company name and receive results instantly
ERIS DIRECT
NEW PRODUCTS
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Comprehensive information that includes a complete overview of topography and surface topology, hydrologic, geologic and soil An interactive tool for overlaying and analyzing data and historical images
PHYSICAL SETTING REPORT (PSR) ERIS XPLORER NEW PRODUCTS
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Order through the ERIS order portal
IT’S EASY
...to receive your database report and historical products
3 Easy Steps:
1. Register/Sign In 2. Order 3. Checkout
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ERIS Demonstration
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Choose ERIS as your
www.erisinfo.com 1-866-517-5204
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