Envrionmental, health and safety risks may translate into financial and reputational liabilities. Legal compliance, historical pollution or the presence of hazardous materials such as asbestos are now essential considerations in real estate as well as corporate transactions.
Ramboll’s project experience covers an extensive range of customers and industries, including estate agents, the pharmaceutical industry, and refineries. The customers who are buying benefit from a potential reduction in the sales price; those who are selling benefit from an ability to price accurately and to protect against erosion of the asking price.
The EDD process
A full EDD process normally includes the following elements:
1. Phase I
- Data room inspection (virtual/physical)
- Questionnaire and interviews
- Site inspection
- Report, including findings, risk evaluation, liability costs, recommendations.
2. Phase II
- Field investigations of recommended issues from Phase I
- Report, including detailed budgets of remediation or abatement
- These general processes are always tailored to meet our customers’ needs.
3. Phase III
- Remediation of identified contamination, abatement of noise, vibrations or odour.
Specialist expertise
Ramboll’s network of specialists enables us to carry out the EDD process anywhere in the world. Our customers benefit from Ramboll’s knowledge in all aspects of potential environmental liabilities. Our expertise enables us to provide a unique range of EDD services that cover all aspects of the process. We help our customers deal with soil and groundwater contamination, noise, dust, odour, spatial planning, and health and safety concerns.
Ramboll also provides advice for associated due diligence processes such as technical and real estate due diligence.