ISRI updates on Superfund Recycling Equity Act (SREA)

The Institute of Scrap Recycling Industries (ISRI) today announced that the ordering period opens on Monday, March 16, for the Superfund Recycling Equity Act (SREA) Reasonable Care Compliance Program Reports. Beginning March 16 and running through April 30, ISRI members have an exclusive opportunity to sign up for due diligence reports on the scrap consuming facilities to which they ship recyclable materials. The reports help ISRI members demonstrate the due diligence required by law in order to be exempt from SREA.

“The SREA Reasonable Care Compliance Program Reports help save ISRI 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. I strongly encourage our members to take advantage of this system that is easy to use, a potentially significant money saver and hard to pass up.”

In 1999, ISRI 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.

To benefit members, ISRI contracts with AECOM, 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 ISRI login and password handy.