Environmental risk management and corporate lending : a global perspective / / Phil Case

• Record Nr.: UNINA9910222242703321
• Autore: Case Phil
• Pubbl/distr/stampa: Boca Raton, Florida ; ; Cambridge, England : , : CRC Press : , : Woodhead Publishing Limited, , 1999; ©1999
• ISBN: 1-280-37218-4; 9786610372188; 1-84569-191-1
• Descrizione fisica: 1 online resource (289 p.)
• Disciplina: 658.4/08
• Soggetti: Industrial management - Environmental aspects; Environmental risk assessment; Environmental management; Lender liability
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover; Environmental Risk Management and Corporate Lending - a Global Perspective; Copyright Page; Table of Contents; Preface; Acknowledgements; Chapter 1. The environment and business - opportunity and threat; Environmental media and pollution linkages; Environmental risks and banks; Environmental risks in the context of the banking relationship; Chapter 2. Developing an effective strategy for environmental risk management; Staffing; Environmental consultancy support; Legal support; A five year plan of action; Initial training; Environmental risk management in action; Conclusion; Chapter 3. The legal positionBackground; Background; Integrated pollution control; Integrated pollution control; Integrated pollution prevention and control; Land contamination; Water pollution; Air pollution; Environmental regulation: what does the future hold?; Chapter4. Direct risk; Background; Applying the lessons: direct risk within the EU; Live advances; Workout/recovery situations: enforcement of security; Chapter 5. Indirect (credit) risk appraisal: evaluating ; environmental factors; Environmental sensitivity; Environmental information; Strategic issues; Environmental management; Licensing/legal complianceContingent liabilities; Capital expenditure; Direct risk; Land valuations and environmental consultants' reports; Environmental insurance; Environmental clauses in term loan facility letters; Chapter6. Land as security; The valuation process; Environmental consultants; Consultancy services; Choosing environmental consultants; Instructing environmental consultants; Terms of Reference; Terms of Engagement; Communicating with customers; Conclusion; Chapter7. Environmental risks and project finance; The growth of environmental impact assessments; The EIA process; The environmental risk profileDirect risic; Indirect risk; Reputational risk; Project finance - risic mitigation; Conclusion; Chapter8. Environmental risk management: the way ahead; Sustainability; Climate change; Conclusion; Appendix 1: High environmental risk activities: full Standard Industrial Classification (SIC) code listings; Appendix 2: International environmental risk briefing notes; Appendix 3: specimen environmental questionnaire: general; Appendix 4: specimen environmental questionnaire: bulk fuel storage; Appendix 5: specimen environmental clausing in term loan facility letters; Appendix 6: specimen environmental clausing in term loan facility letters for property investment company borrowersAppendix 7: specimen terms of reference: Phase I risk assessment; Appendix 8: specimen letter to a customer re Pliase II study -terms of reference; Appendix 9: specimen terms of reference- a 'second opinion' Reviewing exist ingenvironmental site investigation reports; Appendix 10: Specimen letter to customer: need for site investigation reports; Appendix 11: specimen letter to customer: need for 'second opinion' of existing environmental site investigation reports; Appendix 12: Specimen letter to customer explaining use of site investigation reports
• Sommario/riassunto: Environmental issues have never been so high on the agenda of governments and companies around the world. From being seen as a fringe discipline, environmental risk management has established its central importance for the future not only of the environment itself but also of the individual organisation. Until now, however, there has been no book devoted to the implications of environmental risk for banks and other financial institutions involved in corporate lending. Phil Case's timely book provides a much-needed blueprint for the management of environmental risk in this crucial area and shou