Environmental Due Diligence

Pöyry has a proven track record in conducting environmental due diligence (EDD) assessments of real estate and industries, including chemical, metal (foundries, steel factories), electronics (electroplating, circuit board factories), pulp and paper, food and beverages, glass, and mining and quarries.

We utilise our combined expertise of specific industrial sectors in order to meet client needs.

EDD involves identifying the potential environmental risks of a subject site or portfolio, along with the liabilities and need for compliance with prevailing laws and other regulations.

An indicative cost estimate is given for the identified risks, liabilities and non-compliance issues. An EDD usually takes place in association with a merger or transaction, and has elements similar to environmental, health and safety audits.

The scope of a specific EDD assignment may vary, depending on whether it is a buyer's or seller's EDD, and whether the object of the assignment is real estate, an industrial company or a portfolio comprising a number of sites.

As the deadline of the specific deal is often a limiting factor, we can adjust the EDD process into selected subtasks: data room review, Phase I environmental site assessment, Phase II intrusive soil investigation, and so forth.

We can, as needed, acquire basic information quickly and identify the issues that have to be investigated more thoroughly later.

In the EDD process, we also take into consideration changes in the business environment and upcoming legislation.