Our environmental due diligence typically covers all relevant environmental aspects of a project such as soil and groundwater, permitting, emissions, compliance with national and international legislation and regulations.
We take a pragmatic view looking at the key significant risk associated with mergers and acquisitions providing our client with a clear and concise understanding of the financial and reputational risks involved with their development.
We offer a bespoke service to better facilitate our client’s particular requirements as well as more traditional Equator Principle protocols, often assessing these hand in hand with our Environment and Social Governance services.
IPC can assist responsible investors to evaluate companies using ESG criteria as either a framework to screen investments or to assess risks in investment decision-making. Environmental factors determine a company’s management of the environment such as impacts on waste and pollution, resource depletion, greenhouse gas (GHG) emissions, deforestation, and climate change. Social factors look at how a company treats people and focuses on employee relations and diversity, working conditions, local communities, health and safety, and conflict. The governance factors analyses corporate policies and how a company is governed. They can focus on tax strategy, executive remuneration, donations and political lobbying, corruption and bribery, and board diversity and structure.
ESG can be viewed as an investment philosophy or an examination of a company’s core values. When a business is perceived as acting sustainably, it will engage in these areas of interest characterised by ESG in order to give value to its investors. IPC can utilise ESG to outline the main areas that a company should consider when investing.
The various activities associated with shipping and handling of goods in ports can potentially harm both human health and the environment. These activities often include different (mostly diesel-fueled) machinery uses in ports, resulting in air emissions including GHG, NOx, SOx, PM10, etc. As well as having an effect on noise, light, and odour emissions, waste management issues and water pollution. IPC can help a port operator to identify solutions that can deliver multiple benefits such as business resilience and climate change adaptation/disaster preparedness. The port review can lead to further strategies for
- Increased operational efficiency
- Energy efficiency
- GHG Emissions/Air Quality
- Climate change adaptation and mitigation
- Biosecurity and biodiversity
- Marine water quality management
- Waste management
- Light and noise pollution management and control
- Emergency Environment Protection/Disaster preparedness
The ports sector is critical to global transport and trade. Climate change can potentially compromise a port’s operations, resulting in an increase in operational shutdowns and associated economic losses. Resilient infrastructure should be able to withstand the demands, both physically and digitally of maritime transport and landside logistics, of being resilient to changes in climate and weather conditions whilst at the same time developing in harmony with local communities , nature and heritage.
Within a port environment there is some scope to impact on international climate change / resilience. However, as a local and national influencer (in particular coordination with clients and vessels) there are greater local changes that can take place to influence and contribute towards climate change resilience; most notably is the ability to facilitate clean fuel and onshore power supplies (cold ironing) for shipping traffic. The port’s priorities have now changed with many ports now directly addressing climate change resilient within their infrastructure and moving towards a low carbon economy and carbon neutrality. By working with you to understand your climate resilience needs, IPC can help do all this:
- Incorporate climate change resilience into both decision-making and the planning process
- Increase awareness of risks and reduce vulnerabilities as well as identifying actions to mitigate those risks
- Highlight new business opportunities
- Enhance the robustness, resourcefulness, and recovery capacity for port operations
As businesses partners and regulators now demand more environmental, social and governance (ESG) commitment and customers increasingly expect ports to take action, it befits a port operation to demonstrate that they are focused on sustainability, adhere to standards and operate responsibly.
IPC are able to help ports embed sustainability into their operations to create new sources of value and to deliver on these values. When we have multiple sustainability indicators within a port that collectively represent sustainability, we can assess how well a port does with regards to each sustainability goal. Then we can statistically combine these results into a composite index to rank them. This way, we can use data to accurately compare ports for many different, but concrete, sustainability targets.