Spring has sprung more compliance and permitting activity. On March 14, the EPA issued a final rule incorporating revised American Society for Testing and Materials (ASTM) International standard practices for the Phase I Environmental Site Assessment (ESA) process. ASTM International is a recognized standards developing organization.
Phase I ESAs are a form of environmental due diligence for property transactions. The revisions aim to produce more detailed and consistent Phase I reports. This rule is effective May 13, 2022.
A week after the EPA’s move, on March 21, the Securities and Exchange Commission (SEC) proposed enhancements and standardization of climate-related disclosures in publicly traded company registration statements and annual reports. The public comment period is open until May 20, 2022.
This month, we highlight the following in our Compliance News:
Ask an Expert: Land application
Join our land application specialists Jessica Joyner and Jamie Olivarez as they share key details about the benefits of incorporating land application into your operations and expansion plans. Read “Ask an Expert”
Hazardous chemical compliance
An EPA enforcement alert reminds “chemical warehouse and distribution facilities that they must ensure that their chemicals are managed safely, securely, and in compliance with the federal laws enforced by EPA, Occupational Safety and Health Administration (OSHA), and Department of Homeland Security (DHS).”
2020 TRI national analysis released
The EPA’s TRI (Toxics Release Inventory) data analysis revealed a 10% decline in environmental releases of TRI chemicals by program-covered facilities between 2019 and 2020.
Clean Manufacturing Initiative launched
The Biden administration announced plans to support clean manufacturing initiatives, including the creation of the Buy Clean Task Force, to source low-carbon materials in federal purchasing and new trade policies to incentivize manufacturers of low-carbon aluminum and steel.