Due Diligence and Climate Change

Climate Change issues are becoming increasingly prominent in terms of Due Diligence, and RPS is uniquely positioned to assess the impact of these by virtue of our extensive skills-base and international profile. In addition to the traditional environmental due diligence scope focussing on contaminated land and legislative compliance, RPS' mulit-disciplinary team can provide a range of value added services to assess the relationship between climate change and a business's activities.

In terms of physical risks and adaptation, we offer the following expertise: Flood Risk Assessment (to determine vulnerability to flooding, asset values and insurance risk) ; Hydrology and Water Resource Management (to determine vulnerability to water scarcity); M&E Services (to determine vulnerability of energy supply systems and change in ambient conditions); Land Use and Masterplanning (impact of climate on land and land-use policy); Health Impact Assessment (impact of climate on human health).

In considering the financial, market and brand issues we offer: Carbon Footprinting (to quantify emissions exposures/opportunities) ; Energy Management (to benchmark current performance and opportunities for improvement, with costs/savings if necessary) ; Energy Supply (e.g. exposure to energy markets; opportunities to diversify and increase energy security); Life-cycle Analysis (to determine the whole-life impact of products/services on Climate Change); Emissions Trading Services (to assess trading opportunities/risks); Energy Performance Certification (impact on liquidity of large commercial properties) ; Renewable Energy Assessment (Assessment of potential for large or small-scale renewable energy generation; grid connectivity etc) ; Policy Reviews (to determine impacts of proposed legislation – e.g. extensions of carbon trading to commercial sector; aviation) ; Brand Impact assessment (current brand positioning in respect of Climate Change, impact of carbon labelling and other issues that will affect consumer sentiment) ; Market Assessment (to establish product-specific climate change issues; e.g. end-of life legislation; proposed vehicle manufacturer emissions standards; phasing our incandescent light technologies; new product standards or subsidies) ; Travel and Supply Chain Issues (increasing cost of food commodities as a result of diversion into bio-fuels; “food-miles and consumer issues; need for increased redundancy in supply chain to cope with adverse weather).

Due Diligence and Climate Change

In addition to the specific service listed above, there may be a requirement for other expertise depending on the client. Some examples could be Waste and Energy from Waste; Ecology; Construction Methods and Material; Sustainability Assessment; Regulatory Compliance (related to Climate Change); Integrated Pollution Prevention and Control etc, all of which, and more, we have in-house.