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Environmental compliance audits are detailed audits of an operation or manufacturer to determine if the operator is in compliance with local, state, and federal regulations. Compliance audits differ from Phase I and II Environmental Site Assessments (ESAs) in a fundamental way: Phase I and II ESAs focus on releases of hazardous substances to real estate, whereas compliance audits focus on whether or not operations comply with environmental laws with the objective of reducing regulatory risk, avoiding violations, enforcement, and fines. Environmental Site Assessments are a standard component of the transactional due diligence process, but conducting a compliance audit during due diligence is the exception, not the rule.
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July 07, 2025
The Spanish government has approved a new set of mandatory fire safety regulations specifically for industrial properties, through Royal Decree 164/2025. This law introduces sweeping changes to how fire prevention systems must be designed, installed, maintained, and audited.
July 03, 2025
In this latest GlobeSt article, Erika Haberlen discusses how tech-enabled solutions can transform your due diligence process and empower your team with data that drives long-term value.
July 02, 2025
More Than Just a Box on the Due Diligence Checklist, Zoning Reports Can Help Protect Collateral Value. By Wes Skinner, CHMM, Principal and National Client Manager, published on June 25, […]
