Environment Risk

Effortless Environmental Engagement with ERI

Effortless Environmental Engagement with ERI

While we at Environmental Risk Innovations (ERI) are in the environmental consulting business, we are also in the customer service business, which is why we strive to make it easy for people to communicate with us. Whether you have an environmental report you want...

Phase I ASTM Standard and the EPA Final Rule

Phase I ASTM Standard and the EPA Final Rule

On December 15, 2022, the United States Environmental Protection Agency (US EPA) issued the final rule that amended the All Appropriate Inquiries (AAI) Rule to reference ASTM E1527-21 Standard Practice for Environmental Site Assessments: Phase I Environmental Site...

COVID-19 and Phase I Limitations

COVID-19 and Phase I Limitations

COVID-19 has affected our world in so many ways, including how environmental assessments are completed. The Phase I Environmental Site Assessment (ESA) process, as described in the American Society for Testing and Materials (ASTM) E 1527 Standard Practice for Phase I...

Considering Lending on a Dry Cleaner?

Considering Lending on a Dry Cleaner?

Perchloroethylene (PCE), a chlorinated solvent, has been used in the dry-cleaning industry since the 1930s. A small amount of this “likely human carcinogen” released to the subsurface can impact soil and groundwater, and migration of vapors associated with a release...

RSRAs and TSAs – The Similarities and Differences

RSRAs and TSAs – The Similarities and Differences

Depending on the potential risk profile of a commercial property, Environmental Risk Managers realize that a Phase I Environmental Assessment (ESA) may not be necessary for all commercial properties targeted for commercial loans.  In these cases, environmental...

SBA Gas Station Loans

SBA Gas Station Loans

In order to identify and mitigate the environmental risks associated with gas station loans, the U.S. Small Business Administration (SBA) has developed guidelines that loan applicants must follow during the application process. The SBA requires that the Environmental...