Environmental Liability Reserve Planning

Businesses are under greater pressure than ever to disclose their liabilities. HRP understands how crucial it is to appropriately estimate your environmental liabilities, without over-stating potential costs. We have extensive experience helping multinational private and publicly held companies 1) quantify environmental liabilities, and 2) establish reserves, in order to:

• Plan for mergers, acquisitions, and divestitures
• Meet standard accounting practices and/or international standards
• Meet legal and corporate social responsibility requirements

Whether you are a single-facility entity or a multinational enterprise, HRP's consulting engineers will work with you to develop a customized reserve program tailored to your needs.

Services that HRP can provide include:

• Facility and portfolio assessment to characterize environmental conditions, minimize unknowns, and quantify environmental liabilities
• Prioritization of liability and risk reduction actions
• Generation of reserve estimates for domestic and international facilities
• Tracking and management of environmental liability reserves
• Development and implementation of closure strategies to meet your short- and long-term goals