Posts Tagged ‘Regulatory Compliance’

Brownfield Redevelopment: What You Should Know

Monday, January 16th, 2012

As the economy slowly recovers from the deepest downturn in decades, interest in redevelopment projects is also rebounding. With the private and public financing picture improving, developers and local governments are seeking to restart Brownfield redevelopment projects. However, the new rules of engagement require even stricter due diligence and scrutiny of the property as well as greater attention to financing, regulation, risk management and viable end uses or exit strategies.

The good news is that a wide variety of financial incentives are still available. Many states continue to offer Brownfield tax relief, and there is a range of federal and state-sponsored government funding sources for redevelopment. The American Recovery and Reinvestment Act, for instance, include Brownfield incentives. In 2011, the Environmental Protection Agency (EPA) authorized a non-competitive $50 million grant program to establish and enhance state and tribal response programs, addressing assessment, cleanup, and redevelopment of Brownfield sites. Some state programs even provide financing for environmental risk insurance premiums associated with Brownfield redevelopment. Redevelopers are well advised to research financial incentives that many states and major cities have for Brownfield cleanup and assessment activities, including community grants and loan guarantees. In addition, there are often a variety of tax incentives available, such as property tax abatement. (more…)

Linking EHS, Ethics and Economic Prosperity

Monday, October 24th, 2011

Striving to “do the right thing” can help environmental and health & safety (EHS) professionals create sustainable EHS programs that also have a positive impact on a company’s economic strength. EHS professionals must go beyond regulatory compliance and consider ethics in order to build successful programs that also boost the bottom line. While laws and regulations inform individuals and companies what they cannot do, ethics instruct individuals and companies as to what they should do. In other words, ethics is about doing the right thing, not about simply avoiding the wrong thing.

I support an “EHS management systems approach” in the workplace, which recognizes that unsafe acts, unsafe conditions and accidents are symptoms of problems in the organizational management system. In this philosophy, senior management is ultimately responsible for building an ethical system that effectively analyzes and controls workplace conditions and hazards. This means that EHS is no longer a “sunk cost,” but an integral function of doing business, just like quality.

Perhaps the greatest economic reason to support an ethics-based approach to EHS management within a capitalistic system is that prosperity generates an environment where continuing improvement and reduced risk are affordable.

EHS professionals must promote a more ethical approach to managing their own profession. This strategy requires moral courage, conviction and professional unity, including a bottom-up approach at their facilities and through professional organizations, and understanding the need to look out for workers, the environment, and the public despite culture, pressure and misdirection from management and peers.

Are You Ready for TSCA Reform?

Monday, August 29th, 2011

The question most often asked when addressing this topic is, “Are you ready for Toxic Substance Control Act (TSCA) reform?” as if it is looming on the horizon but has yet to happen. The truth, however, is that most producers, manufacturers, and importers of chemical substances are dealing with chemical management changes on a daily basis.

Last year, there seemed to be growing momentum on this topic when both the TSCA of 2010 (H.R. 5820) and the Safe Chemicals Act of 2010 (S. 3209) were introduced. Both bills were immediately referred to congressional committees, where they remained for quite some time. Although one committee hearing was held on H.R. 5820, no further legislative activity was ordered, and because these bills were introduced in a previous session, no further action can occur. So are they dead? Not likely. Members often reintroduce bills that did not come up for debate under a new number in the next session. Although last year’s expedited reform came to a halt, it is safe to say TSCA reform by Congress is not behind us. However, when it will return remains a question. (more…)

Maybe it’s Time to Hire the Right EHS Consultant

Monday, July 25th, 2011

In a climate of close scrutiny and hefty fines across all aspects of environmental and health and safety (EHS) regulatory compliance, securing the right EHS consultant to assist your company can make the difference between achieving and maintaining compliance at a reasonable cost, or spending too much money and remaining at risk. Let’s face it, almost every aspect of a company’s operation touches upon one or more of the many changing EHS regulation, it’s no wonder that there are so many consultants hovering over industry…or should I say those who call themselves EHS consultants.

Engaging a consultant, who is knowledgeable and who can swiftly and efficiently navigate through the many rules, regulations, laws and mandated compliance at the federal, state and local levels, will help your company stay on track and keep you moving in the right direction with little or no interruption to your operations or business. The flip side could be unfavorable, including excessive costs, fines, negative public relations, and worse yet an injury, death, or negative impact to the environment. (more…)