Data Room review

A data room review is usually of interest either when the subject company is quoted on the stock exchange and due to early stage of a possible transaction where discretion is necessary. Furthermore, when the subject company comprise several companies located at different locations, the data room setup is frequently the best solution to carry out a screening-like review for all sites at one time. Usually, some of the sites are selected for a more thorough assessment. The purpose of the review often is to identify any major non-compliance issues.

Activities:

• Review of data revealed and available in the data room

The reporting includes findings based on the assessed data and often comments on essential data missing.

Desktop Study

The desktop study is usually of interest when the subject company is quoted on the stock exchange and/or due to the early stages of a possible transaction extreme discretion is necessary. The study can eventually be a second opinion on previous documentation. The purpose of the review often is to identify any major non-compliance issues.

Activities:

• Review of various documentary material (does not include a visit to the site)

The report includes findings based on the reviewed data identifying major non-compliance issues and comments on essential data missing.

Screening / Second Opinion

The Screening report can be an advantage for clients who already know the site, but needs a second opinion or a professional evaluation.

Activities

• Review of background data
• Site reconnaissance on the subject site premises

The report is offered as a provisional reporting because the client needs a quick evaluation immediately after the site reconnaissance, and cannot wait for a full EDD-report.

EDD-Key Issues Assessment

An EDD-key issues assessment can be an advantage for clients who already know the site, but needs a professional in dept evaluation of specific and restricted issues. Typically offered when the client needs;

Evaluation of specifically addressed key issues, i.e. soil and groundwater according to the ASTM standard
When several sites should be assessed, scanned, during a short time
Reporting quickly after the site reconnaissance

Activities:

• Review of background data
• Site reconnaissance on the subject site premises

The report is offered only addressing the agreed key issues. Reporting of the key issues assessment of several sites can be offered in a schematic and transparent way.

Complete EDD Assessment

The complete environmental due diligence is recommended when the client have restricted background knowledge of the site, and/or needs a thorough assessment of the site(s) including background data.

Activities:

• Fact finding and assessment of background material
• Site reconnaissance including;

1. Risk areas for soil and groundwater contamination (surface spills, storage facilities, piping etc.)
2. Environmental risk areas related to production (air emission, waste water, handling of chemicals, energy consumption, waste, noise and vibrations, health and safety)
3. Buildings and outdoor areas.
4. Both prior to the site reconnaissance and afterwards relevant authorities might be contacted. These contacts are always agreed by the client. The site reconnaissance is carried out typically by two specialists, one regarding soil and groundwater and another regarding the production facilities.

The report includes an evaluation of compliance with agreed standards and legal requirements. Upon request from the client alternative reporting formats might be chosen;
Ejlskov A/S standard report format

• ASTM, Phase I Environmental Site Assessment (with additional sections on compliance)
• World Bank EIA reporting format
• EBRD environmental and health and safety audit reporting format
• ISO 14015