The Environmental Due Diligence Podcast
Welcome to The Environmental Due Diligence Podcast by LightBox, your gateway to comprehensive discussions on environmental due diligence.
In our monthly podcast, we’ll unravel essential aspects of environmental due diligence, tackling topics ranging from risk assessments to regulatory intricacies.
Join us as we navigate the dynamic terrain of environmental due diligence, featuring enlightening interviews with industry leaders and experts.
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The Environmental Due Diligence Podcast
Experts React to 2024 PFAS Benchmark Survey: The Road to Consensus
In this month's episode, our host Alan Agadoni, SVP Environmental Due Diligence solutions at LightBox, and a panel of experts discuss results from LightBox's 2024 PFAS Due Diligence Benchmark Survey. On our panel is Georgie Nugent, Environmental Division Director at McFarland Johnson, Jon Kitchen, who is a Principal at Civil & Environmental Consultants, Inc., and Victor DeTroy, National Practice Leader, Due Diligence Services, AEI Consultants. They discuss trends in the data and whether the industry has reached a consensus on how to conduct and interpret the results of PFAS due diligence for commercial real estate transactions.
0:38 Panel & episode intro
4:30 Are you following ASTM-21, and if so, what are you doing differently?
7:15 When is it appropriate to include a dedicated PFAS section in EPs' reports?
11:25 Are consultants seeing pricing accommodations or any pricing changes made for additional time spent including additional sections?
14:20 What is your clients' level of interest in assessing PFAS risk?
20:00 Do you always include PFAS in the scope of your ESAs?
21:40 If you include PFAS in your Phase I ESA, what types do you include in your consideration? Does the type depend on the report?
27:40 ESA risk reporting: how do you label known or suspected PFAS conditions in your reports?
31:10 What would you estimate as the approximate percentage of your Phase IIs to investigate PFAS risk?
34:35 Do you consider an industrial property listed by EPA as a facility that may have handled PFAS, based on industry code only, to be a recognized environmental condition?
38:55 Are PFAS conditions impacting CRE deals that environmental professionals are involved with? In what ways?
42:45 How far are we on the road to consensus on PFAS due diligence?
