Contaminated land risk and liabilities can arise from a range of current and legacy land uses and activities, including:
- Fuel storage and handling for heating systems, vehicles, plant and machinery.
- Organic solvent use in dry cleaning, manufacturing and ancillary processes such as degreasing, surface coating and painting.
- Metal solutions in surface treatment, electroplating and wood preservation operations.
Import of waste materials for made ground and infill to create level development platforms that may contain a wide range of hazardous materials, including asbestos.
EU Taxonomy & Climate Risk
Asset managers and land owners seeking alignment with the EU Taxonomy will require Climate Risk & Vulnerability Assessments to be completed on their assets to ensure that potential climate hazards have been rigorously assessed according to IPCC climate predictions and guidance, specifically:
- Identifying climate change hazards that could cause harm to the development (e.g. increased storm rainfall intensity).
- Aspects of the development that are exposed to the hazard (e.g. property basement and ground floor levels).
- The vulnerability of the development to the hazard (e.g. whether drainage systems can adapt to extreme rainfall events).
The Taxonomy also requires that Do No Significant Harm (DNSH) and Social Safeguarding requirements are also satisfied:
- Climate change mitigation & adaptation
- Circular economy
- Pollution prevention
- Water conservation and protection
- Protection of ecosystems
- Protection of human rights