The current trend toward consolidation in the retail petroleum marketplace is creating momentum for companies to acquire assets much more rapidly than ever before. Strong asset valuations are driving smaller portfolio sell-offs, and the industry continues to see an influx of capital from companies who wish to invest in the US.
The famous author and researcher, Bob Willard, identified five distinct stages of corporate sustainability. These stages are pre-compliance, compliance, “beyond compliance”, integrated strategy, and purpose/passion. Each stage represents a unique type of business culture around sustainability in your organization. Beyond the cultural aspects, the risks involved at each stage change too.
March 24, 2022 /3BL Media/ - In 2019, the EPA published final rules that added waste “aerosol cans” to the list of universal wastes at the federal level, with the rules going into effect in February of 2020. As a generator of this waste, the new rule can significantly ease the regulatory burden of managing this waste.
As our world becomes increasingly connected, companies will continue to seize opportunities for expanding their businesses to new geographies. However, many challenges remain when it comes to understanding local regulations, cultural nuances, and legal applicability considerations. To overcome these challenges, EHS leaders need to gain in-depth knowledge and understanding of the regulatory environment and cultural landscape.
Technology surrounds us in today’s world. In fact, it is hard to work, play, shop, travel and live without it. Businesses that operate Technology Centers for data storage, cloud support, software or hardware support/development, and banking are considered critical operations. Technology Centers typically operate diesel-powered emergency generators for maintaining these critical operations in the event of a power interruption.
Where to Focus, Common Challenges & Consequences of Non-Compliance
In these "new normal" days, environmental, health and safety (EHS) compliance isn’t the sole concern of most businesses—it’s just one part of running a healthy and productive company. But compliance is still an absolute must in order to run a safe and effective business, and EHS managers are faced with the daunting task of managing regulatory compliance across multiple facilities and functions, often without a lot of resources and now likely virtual in some capacity. As we look at this new year, it's a great time to refocus and revisit your "pre-COVID" initiatives and goals.
When starting a company, every penny must be invested wisely until a solid market niche is established. With limited funds, market disruptions like COVID19 can be and has been the end of many new endeavors. However, companies with routine environment, health, and safety (EHS) compliance programs and procedures are able to minimize the financial impact of these disruptions.
In the first blog of the compliance assurance series, we talked about the importance of not overlooking the more routine environmental, health, and safety (EHS) compliance programs in the hectic time that we are living in. From this, you now know the importance of compliance and have some compliance tips to look back on. Now we want to go over a few stressors you should be aware of that could knock you off your compliance track this year.
Aboveground Storage Tanks (ASTs) are ubiquitous across different industries today including transportation, manufacturing, oil & gas (exploration, production, refining, and distribution), mining, construction, technology, and food and beverage to name a few.
In a short amount of time, the COVID-19 global pandemic has disrupted business operations in an unprecedented way and as we close out 2020, proving that operations will likely never be the same. From managing interruptions in the supply chain to rapid changes in the workforce, global business has risen to meet the challenges of the dynamic COVID-19 environment. Employee health and safety has been a primary focus throughout the pandemic. Because of this, some of the more routine environmental, health, and safety (EHS) compliance programs and procedures can be overlooked.