The following Environment practice note Produced in partnership with Argyll Environmental Ltd provides comprehensive and up to date legal information covering:
Phase 1 environmental audits involve an independent review of an organisation’s environmental law compliance and management practices by external environmental consultants. The aim of any the audit is to systematically and accurately review site operations and the environmental setting in order to evaluate non-compliance issues and the potential for contaminated land liabilities. By identifying environmental affects the potential effect can be evaluated and appropriate remedial measures recommended.
The requirement and scope of works involved in any audit are dependent upon a number of factors, including:
the terms of a transaction
current and historical operations
the characteristics of a site and its environmental sensitivity
how risk-averse a client is and their budget
Generally, a phase 1 audit will be instructed as a result of:
a risk of potential environmental liabilities raised following a preliminary desktop assessment, see: Environmental investigations—types of searches and investigations
the occurrence of a transaction, whether it be the conveyance of the freehold/leasehold, a fund transfer or a refinancing arrangement
an imposed planning condition prior to redevelopment or a change of use
assessment of operational compliance with regulatory requirements, eg in relation to obtaining or maintaining an environmental permit
Environmental audits are often designed to react to environmental concerns as a requirement associated with a transaction, however a
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