As a solution to an integrated oil client’s liability reduction goals, Antea Group executed a liability transfer contract for the known and unknown pre-existing environmental liability for a portfolio of 146 active retail fuel outlets in the Mid-Atlantic. Of the 146 facilities, 38 had active incidents being managed by others at the time of the liability transfer.
A midstream oil and gas client requested that Antea Group conduct a variety of sediment, transition zone, and erodable bank soil studies at bulk fuel terminals to determine potential contaminants of concern and possible sources. Antea Group collected multiple surface grab samples for contaminants related to the client’s operations, as well as adjacent facilities. This included DDT and PCB samples for fingerprinting analysis.
Antea Group’s major integrated oil company client was divesting its Western Region retail fuel outlet portfolio of 591 properties in 15 states. As part of this process, they desired to transfer the associated environmental remediation related liabilities to a third party under a guaranteed fixed cost agreement.
While most fans are watching player performance or yucking it up over the lack of respect suffered by the Cubs and Indians for generations, I’m keeping an eye on the fall classic for social and environmental sidebars.
Arrow Electronics employees recently gathered for a business leadership panel at the company’s Denver-area headquarters featuring four senior Arrow women executives discussing a variety of topics including communication style, mentoring, diversity, inclusion, career strategy and success.
Chicago has moved up in a ranking of the nation’s largest metropolises on a recent survey of sustainable office space. According to the 2016 Green Building Adoption Index, over 72% of the Chicago market’s qualified commercial space is certified green, up from 63% last year. And with nearly one-fifth of all commercial buildings in the area certified, Chicago comes in at second on the list of the nation’s 30 largest markets, right behind San Francisco.
Morgan Stanley (NYSE: MS) today announced that over 200 Morgan Stanley and community volunteers will build a playground at the KIPP Climb Academy as part of the Morgan Stanley’s Healthy Cities initiative. Providing safe play spaces is a core component of the Healthy Cities Houston program, which provides comprehensive resources children need to succeed – access to health education and screenings, sustainable delivery of nutritious food and opportunities for safe play and exercise. The design for the new playground is based on children’s drawings created at a special design event in May.
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