Ask us a question

    Assessing the environmental risks of a global bakery business

    RSK was contracted to support a confidential private equity firm in completing environmental due diligence for the planned divestiture of a business supplying bakery ingredients and frozen and ambient bakery products from 20 production sites in eight European countries and China. RSK’s objective was to establish whether there were any significant environmental liabilities associated with the business that had the potential to affect the sale value, attract regulatory notice or create issues that might affect the future sale process.

    Our approach was to conduct an initial risk-screening exercise of all the sites to identify those with a higher risk profile that would require further site visits to more accurately define any recommended actions and the costs involved in closing out. This was proposed to reduce the overall costs and the time taken to complete the due diligence exercise.

    To identify the highest-risk sites, RSK developed a screening questionnaire for the management of each site. The questionnaire aimed to assess the number of environmental legal breaches or compliance issues linked to statutory fines; the value and type of noted declared legal breaches; the number and type of declared or on-file environmental notices issued with noted in-country regulators; the value of identified remedial costs to deal with declared environmental accidents, incidents, etc.; and the value of identified remedial costs above any specific materiality threshold. The questionnaire results were summarised and collated in a workbook using a simple traffic-light format for risk values: green for low, amber for medium and red for high. It was noted that all the high-risk sites and a selection of the medium-risk sites would be visited, depending on the issues identified.

    However, the client asked RSK to visit all the site locations to complete individual due diligence reports. RSK staff went to all the European sites and a trusted subcontractor partner undertook the site visit in China. The project was managed from the UK. To ensure consistency in the deliverables across the different countries, they were reviewed according to RSK’s quality assurance and control procedures both by the local RSK office and a technical reviewer in the UK. This also ensured technical accuracy and compliance with local requirements.

    The final due diligence reports included the actions planned by the business to address the material issues that RSK had identified. The execution of many of those actions was expected to have been progressed by the time the transaction was completed. RSK has continued to support the transaction process by providing prospective purchasers with expert sessions where they can request further information on the report’s conclusions.

    • Project status: Ongoing
    • Clear filters
    Found 212 Results
    Page 1 of 18
    Supporting the creation of a new garden village in Cheshire
    View Project
    Repairing lightning damage on a wind turbine in Scotland
    View Project
    Helping Singapore meet its future waste disposal needs
    View Project
    Designing and assessing an onshore wind farm in the Highlands of Scotland
    View Project
    Designing and assessing proposed windfarms in Scotland
    View Project
    Environmental and social risk appraisal support for African “power-to-x” development
    View Project
    Consulting on the construction of the Keppel Marina East Desalination Plant, Singapore
    View Project
    Bringing international best practice and process to phase 2 of Singapore’s Deep Tunnel Sewerage System
    View Project
    Facilitating renewable energy investments in Europe
    View Project
    Ensuring shale gas projects for Poland and beyond
    View Project
    Providing award-winning storm water solutions for urban flooding challenges
    View Project
    Upgrading sewage treatment facilities to serve community needs in Hong Kong
    View Project

    😮 80% of all brownfield development sites in the UK are impacted with asbestos in the soil or made ground at some level.

    📌Join us on this webinar that will outline some of the major issues involved in the control of asbestos in made ground in site development, the potential impacts on options appraisal and techniques that can be used to minimise issues arising from these.

    𝗦𝗽𝗲𝗮𝗸𝗲𝗿: Toby Gibbons, Operations Director of RSK Asbestos
    𝗠𝗼𝗱𝗲𝗿𝗮𝘁𝗼𝗿: Melissa Fox, Managing Director of RSK Asbestos

    Register now in our bio!

    #RSKevents #asbestos #sitedevelopment #development #construction #engineering #brownfielddevelopment
    ...

    🍃 To respond to the ongoing climate crisis, we need more renewable energy.

    🌎 Recent global events have further highlighted the urgency of a smoother transition to net zero.

    ✔️ In this edition of our series Climate Realities, RSK Renewable Energy Director Mike Kelly explores the opportunity for offshore wind to contribute significantly to the UK’s response to the climate crisis and national energy demand.

    Read more in our bio!

    #RSKGroup #climatechange #climatecrisis #sustainability #environment #environmental #renewables #renewableenergy
    ...

    📸 #selfiesonsite 🤳

    RSK Staff had an amazing time attending the Tameside Careers and Apprenticeship Exhibition!

    Want to join our team? View our latest opportunities 👉 www.rskgroup.com/careers

    #RSKgroup #behindthescenes #meettheteam #RSKfamily #RSKonsite #education #careers #careerfair #apprenticeship
    ...

    🌳 How can businesses improve their relationship with nature?

    📌 Join Dr Rossa Donovan, Technical Director at Nature Positive, on a webinar that will explore how well the business community understands its dependencies and impacts on nature and how that translates into corporate strategies.

    Find out more and register now in our bio!

    #RSKEvents #RSKGroup #RSKfamily #nature #business #sustainability #environment #environmental
    ...

    📸 #selfiesonsite 🤳

    RSK Tanzania has been out completing a reconnaissance field study for a proposed solar farm at Kilambo village in Iringa.

    Want to join our team? View our latest opportunities 👉 www.rskgroup.com/careers

    #RSKgroup #behindthescenes #meettheteam #RSKfamily #RSKonsite #construction #careers
    ...

    Copy link
    Powered by Social Snap