What will be the role of environmental consultants in facilitating deals that include sustainability criteria?
R.M.: “We think that advisers who can help their clients understand the broad environmental issues impacting industry, the potential regulations, and the consequences on future cash flow will be invaluable. The role of an adviser in any transaction is to help the client identify the issues relevant to the transaction and to help determine the impact that those issues could have on deal value.” K.P.: “We have been working with our clients to identify environmental and sustainability drivers so they may be aligned with business priorities and integrated into the organization’s management— strategically, financially, and operationally. Globalization, coupled with recent economic, ecological, social, and regulatory developments, has the potential to change the fundamentals driving overall business objectives and activities. “Increasingly, competitive advantage will be driven by management’s ability to identify the business’s contribution to resource scarcity, environmental degradation, and
