What is an EHS due diligence audit?<\/h2>\n
Environmental and Health and Safety (EHS) Due Diligence Audits (EDDA) are an essential measure in the course of Merger & Acquisition (M&A) processes and also in divestment or closure processes in order to identify current and historical EHS problems and future risks. Hidden risks in particular, such as contaminated sites, toxic materials in building materials or long-term health risks for employees, can represent a considerable investment risk for investors. But EDDAs are also becoming increasingly important as sustainability and ESG criteria in the supply chain grow in importance. <\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>
Steps of a due diligence audit<\/h2>\n<\/div>- <\/i><\/span>
Preparatory steps for the analysis (research in public sources, information requests, analysis of relevant company documents)<\/div><\/li>
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Site audit (inspection and examination of all relevant areas and documents as well as interviews with those responsible)<\/div><\/li>
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Checking compliance with legal standards and identifying and assessing risks<\/div><\/li>
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Preparation of the audit report with a list and assessment of the risks, estimation of costs and suggestions for further action<\/div><\/li>
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If appropriate, this can be followed by a detailed investigation of detailed risks such as soil and groundwater investigations<\/div><\/li><\/ul><\/div><\/div>