ERI at 20: Providing Tailored Environmental Risk Management Solutions

by | Jan 20, 2019 | Guides, Interest

Two Decades of Innovation, Collaboration, and Excellence in Tailored Environmental Risk Management Solutions

In commemorating two decades of groundbreaking Environmental Risk Innovation (ERI), we proudly stand as trailblazers in environmental risk management, shaping tailored solutions for banking clients nationwide.


Founded in 1999 by Greg Lathan, ERI emerged as a pioneer in third-party environmental risk management. Initially partnering with First Union National Bank (FUNB) and subsequently Wachovia, we broadened our scope to serve other prominent banking institutions nationwide. In response to the growing regulatory climate, ERI extended its services to banks without internal environmental risk management resources. Unlike traditional environmental consultants, we focus on environmental policy development, reviewing environmental assessment reports performed by other firms, and completing Records Search with Risk Assessment and Environmental Screens.  

Tailored Solutions for Banking Clients

Our success lies in our flexible environmental risk management model, custom-tailored to each banking client. From providing “turnkey” environmental risk management services for commercial lenders without in-house resources to assisting with overflow during peak loan demand, our support ensures that banking institutions can focus on their core mission—providing commercial loans to the private sector.


Our Environmental Risk Management Policy Development, alongside personalized due diligence products, empowers banks to efficiently and cost-effectively manage environmental risk. We offer technical proficiency to tailor and enhance environmental policies and procedures based on the client’s risk tolerance. The recommendations for policy and procedure development consistently align with industry best practices, reflecting our extensive experience with banks of various sizes and geographic scopes.

Our Environmental Risk Training is one of our most adaptable services, since the training can be customized for a range of topics. Whether addressing specific concerns or bolstering general understanding, our training can be tailored to suit the unique interests and needs of bank staff in relation to environmental risk management.

Our list of services has expanded greatly over the past twenty years, and these are just a few of the many ways in which we provide for our clients. To learn more and view our entire service directory, go to our services page here .

Collaborative Expertise

What sets us apart is our collaboration with experienced environmental risk management professionals. This collaborative approach allows for efficient sharing of resources to meet tight commercial loan closing deadlines. Additionally, our in-house talent engages in peer reviews, enhancing quality control and ensuring that recommendations align with each client bank’s specific risk tolerance.

Innovation Beyond Traditional Consulting

Unlike traditional environmental consulting firms, ERI does not perform Phase I or Phase II Environmental Site Assessments. This unique position allows us to provide truly independent, third-party opinions that adhere to the client bank’s risk tolerance, offering a wide range of both traditional and progressive risk management services.


We are deeply appreciative of our clients. The connections and relationships built along this twenty-year journey are invaluable. Bank of the West is just one example of a longstanding client who we’ve worked closely with over the years, and we could not be more grateful for our business partnership. 

“I think the quality of our reviews is always great, and I love that I can count on you guys for the quick turnaround… We could not do what we do without you.”

– Chip Viterelli, Environmental Risk Officer, Bank of the West

Noteworthy Achievements

As we mark two decades of Environmental Risk Innovation (ERI), we reflect on a journey defined by innovation, collaboration, and excellence in environmental risk management solutions for the banking industry. Our commitment has allowed us to stand as a pioneer in our field, shaping the landscape of environmental risk management for our esteemed clients nationwide.

With a rich history dating back to our founding in 1999 by Greg Lathan, we’ve continuously evolved, expanding our services to meet the evolving needs of the banking sector. From partnering with FUNB and Wachovia to our current national presence serving over 50 commercial lenders, our journey is a testament to our dedication to excellence and client-centric approach.

As we embark on the next chapter of our story, we remain steadfast in our mission to empower banking institutions to navigate environmental risks with confidence. Thank you for being a part of our journey.