ESMS and Due Diligence

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ESMS and Due Diligence

We provide stakeholders with a clear vision of potential consequences associated with environmental, safety and social risks.

  • Environmental and Social Management Systems (ESMS).
  • Due Diligence protocols.
  • Training in auditing and environmental and social risks.
  • Phase I ESA auditing.
  • Due Diligence
  • Occupational Health Programs
  • Integrated waste management programs.
Environmental and Social Risk Management Systems (ESMS) costa rica

Due Diligence

Our Due Diligence service entails a full business assessment before a merger or acquisition, which provides each stakeholder an understanding of the environmental, social, health and safety risks at hand, by using tools that help achieve a successful negotiation.



  • Provide a critical analysis of risk and liability in EHS matters for mergers and acquisitions.
  • Define costs and mitigation strategies to approach material concerns.
  • Provide investors and sellers a strategy to increase the value of assets and portfolios.
  • Design and implement Environmental and Social Management Systems (ESMS) for financial institutions.


  • Key Phase I environmental and safety assessments and legal compliance evaluations.
  • Revision of key health and safety risks and liabilities.
  • Application of state-of-the-art international practices, such as US ASTM or risk-based, such as the European Union’s.
  • Research of registries and background in public databases about the installation or entity.
  • Reporting, according to investors’ needs, to: corporate, investors, banks and sellers.
  • Technical follow-up, including full Phase II and the capability of offering remediation measures.
  • Collaboration with a broader due diligence team.
  • Agile field deployment; quick, concise and focused reports.


  • Investors fully aware of liabilities, costs and EHS mitigation strategies = a solid negotiating position.
  • A firm base for providers and investors to approach issues and increase the value of their portfolio.
  • Elimination of surprises, which contributes to a successful transaction.

Key Projects Related to ESMS and Due Diligence

ESMS for Financial Institutions

Category: Banking & Finance

External support to supervise the implementation of an environmental and social management system (ESMS) of 10 financial institutions, based on IFC and EDFI Harmonized Standards. Assessment of the level of ESMS implementation; due diligence evaluations of potential FI’s to be included in the portfolio; and provision of technical assistance to key FI’s in which Norfund has vested interest.

ESMS for a Leasing Company

Category: Banking & Finance

Development and support on implementation of an environmental and social management system (ESMS) for a leasing company. Training to all personnel in the E&S processes and field training on specifically developed protocols to help risk analysts for due diligence evaluations of medium risk potential investments. Training of internal personnel reduced substantially the dependence on external experts.

ESMS for Bank

Category: Banking & Finance

Development and implementation of an environmental and social risk management system (ESMS) for a bank. Focus on riskier sectors (agriculture and construction). Training to all personnel in the E&S processes and to management in the importance and relevance of ESMS in current business. Field training on specifically developed protocols to risk analysts.

Phase I Environmental and Key H&S Due Diligence

Category: Power & Utilities

Phase I environmental and key health and safety due diligence for the privatization of San Juan airport, Puerto Rico, on behalf of Waterman UK, for a banking consortium.

Phase I Post-acquisition Due Diligence

Category: BPharmaceutical & Health Care

Phase I post-acquisition due diligence and environment, health and safety compliance assessment of a medical devices manufacturing facility.

ESMS for Financial Institution

Category: Banking & Finance

Development and support in the implementation of the Environment and Social Management System (ESMS) for Banco Nacional (on-going project). To date, a gap analysis has been performed to develop a tailor-made implementation process for the Bank. Once this stage is concluded, a draft policy, responsibilities, objectives and performance indicators will be developed. Then, the due-diligence level will be defined which will be proportional to the intrinsic level of E&S risk of the activity to be financed and the financial exposure with the particular client. Following the definition of the due-diligence level, specific protocols will be developed to help the credit analysts perform the evaluations. After that, the management team, sales representatives and credit analysts will be trained. Finally, training and monitoring plans will be developed and an internal audit will be performed.

Phase I, II and III due diligence for acquisition

Category: Metallurgy

The project included an initial assessment stage with passive gas sampling, which allowed the team to focus on areas of interest for a subsequent stage, which consisted in the perforation of monitoring wells and soil perforations for soil and groundwater sampling. The risk assessment proved that no remediation was required. A monitoring plan was submitted and approved by the Costa Rica Ministry of Health.

Contact Us

Get in touch with Futuris Consulting’s team of professionals to start analyzing what we can do for your business.