Business Environmental Risk
Business Environmental Risk is defined by ASTM as "a risk which can have a material environmental or environmentally-driven impact on the business associated with the current or planned use of a parcel of commercial real estate, not necessarily limited to those environmental issues required to be investigated in this practice (ESA, ASTM E1527-05). Consideration of business environmental risk issues may involve addressing one or more non-scope considerations."
The common non-scope environmental business risk items referred to include:
Business Environmental Risk is by definition,very broad and can encompass many types of risk, not limited to the above list.
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- Erika Petty