The management solutions we offer include:
- Strategic consultancy to quantify risks and assess ways to minimise that risk.
- Facilitation of environmental insurance protection.
- Guaranteed fixed price remediation solutions.
- Active Transfer, whereby we can contractually assume responsibility for a client’s known and unknown environmental liabilities and provide an indemnity to protect the client against environmental loss.
This concept of managing environmental liability helps address risks that present an unacceptable level of exposure to clients. The benefits to clients can be summarised as:
- Facilitating business transactions
- Protection against unforeseen remediation costs
- Enabling reduction of balance sheet provisions for contamination liability
- Enhancement of land value
Liability Management is a popular concept in North America where our business has an established and successful 20 year track record. In Europe the concept is gaining popularity and our team have delivered advice and solutions to a number of industrial organisations. We work in-conjunction with corporate lawyers, brokers and insurers to deliver these solutions to property owners, developers and industrial and manufacturing organisations.
For more information on projects related to this service, please visit WSP Environmental’s website.