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Time Running Out for Recyclers to Obtain Superfund Due-Diligence Reports

Apr 24, 2014, 10:05 AM by Mark Carpenter

Washington, DC – The deadline for members of the Institute of Scrap Recycling Industries (ISRI) to order Superfund Recycling Equity Act (SREA) Reasonable Care Compliance Program Reports is April 30. The reports help ReMA members demonstrate the due diligence required by law in order to be exempt from SREA.

In 1999, ReMA successfully worked with Congress to obtain an exemption for recyclers from Superfund liability, but that exemption is not automatic. The 1999 law requires recyclers to conduct due diligence demonstrating that they checked to make sure their customers are in compliance with applicable environmental laws before they can obtain exemption for the shipment of recyclable materials to these customers.

“The SREA Reasonable Care Compliance Program Reports help save ReMA members both time and money,” said Robin Wiener, president of ISRI. “Members are spared from having to dig through public records before determining whether or not to ship to a customer. It provides significant cost savings compared to ordering individual due diligence reports that can cost several hundred dollars apiece. I encourage all who have not done so to order their SREA reports today.”

To benefit members, ReMA contracted with URS, a leading environmental consulting firm, to provide these reports at a substantial discount. ISRI is in turn offering members the opportunity to reserve and receive the reports for a nominal handling charge of just $25.  In rare cases, the report may cost $300, however, members will be able to decide at the time of payment whether or not to order these reports. Reports are easily ordered online (using a non-Internet Explorer browser). Members should have their ReMA login and password handy.

For more information on SREA, contact Tom Crane or at (202) 662-8536.

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The Institute of Scrap Recycling Industries, Inc. (ISRI) is the Voice of the Recycling Industry™. ReMA represents more than 1,600 companies in 21 chapters nationwide that process, broker and industrially consume scrap commodities, including metals, paper, plastics, glass, rubber, electronics and textiles. With headquarters in Washington, DC, the Institute provides safety, education, advocacy, and compliance training, and promotes public awareness of the vital role recycling plays in the U.S. economy, global trade, the environment and sustainable development.