Questionnaire on the feasibility of creating a fund to cover environmental liabilities (industry representative) Positions of stakeholders towards the idea of the development of a fund or a risk-pooling scheme to address liabilities resulting from major industrial operations and accidents *Mandatory Chapter 1: Introduction This questionnaire has been prepared within the framework of a study carried out for the European Commission (DG Environment) on the feasibility of establishing a fund or risk pooling scheme to address liabilities for traditional damage (bodily injury and property damage) and environmental damage (prevention and remediation of damage to natural resources) resulting from major industrial accidents involving pollution. The feasibility of establishing such a fund or scheme depends on the needs and demands of Member States as well as operators that carry out activities in those States who face the risk of liability for traditional (bodily injury and property damage) and environmental (prevention and remediation of environmental damage) damages, and their positions concerning the creation of such mechanisms. The aim of this questionnaire is to obtain information on your position as to the idea and the optimal design elements of such a fund or risk pooling scheme. Your answers should be limited to the potential for claims against your company for traditional or environmental damage from an accident involving pollution. Chapter 2: Awareness to risk 1. What is the nature of the environmental liabilities faced by your organisation? 2. What is the nature of non-environmental liabilities faced by your organisation? Chapter 3: Current and anticipated risk coverage 3. Do you consider that your public liability policy provides cover for traditional damage liabilities that could result from an accident involving pollution? Yes No 4. Do you consider that your public liability policy provides cover for environmental damage liabilities that could result from an accident involving pollution? Yes No 5. If you answered "No" to the preceding question, how do you ensure that your company has cover for potential environmental liabilities resulting from an accident involving pollution? Another financial security instrument A level of net worth that you consider to be adequate Other : 6. Do you consider that your company has cover for all your potential environmental liabilities? Yes No 7. If not, which liabilities are not covered 8. If all your company’s liabilities from an accident involving pollution are not covered, have you sought full coverage or have you made a decision not to do so? 9. If your company does not have cover for all potential environmental liabilities from an accident involving pollution, please explain why. non-existence of suitable products your company carries out only low risk activities Other : 10. Do you consider that financial security, such as insurance, for environmental damage is generally available in the location(s) of your facilities? Yes No 11. If you answered "No" to the preceding question, is any such cover available? Or is it available to other industrial sectors but not the industrial sector in which your company operates? 12. What is the level of costs for traditional damage from an accident involving pollution for which you consider that your company has cover? 13. What is the level of costs for environmental damage from an accident involving pollution for which you consider that your company has cover? Chapter 4: Demand for a fund / risk pooling scheme to address currently uncovered liabilities resulting from major industrial operations and accidents 14. Do you consider that a fund or risk pooling scheme could assist your company in covering your environmental (and other) liabilities and losses resulting from an accident involving pollution? Yes No 15. Do you consider that such a fund / risk pooling scheme should be voluntary or mandatory? Mandatory Voluntary 16. If you consider that a fund or pooling scheme shouldn't be mandatory, would you consider participating in one if was to be established? Yes No 17. Do you believe such a voluntary or mandatory scheme would increase the uptake of actions to prevent pollution in your industrial sector? Yes No Chapter 5: Requirements for the design and development of such a fund / scheme 18. Do you believe that a fund, if it was to be established, should be sector-specific or should it be wider in nature? Sector-specific General 19. Do you believe such a fund, again if it was to be established: should be EU-wide? should there be several regional funds which would together cover the whole EU? should there be sectoral funds? 20. What do you consider should be the threshold level at which such a fund or risk pooling scheme responded to an accident involving pollution? €1 million €10 million €100 million Other : 21. Who do you believe should manage such a fund or risk pooling scheme if it was to be established? the EU Member States Other : 22. What would be the more efficient way of raising resources? contributions to a fund depending on risk indicators voluntary participation to the fund mandatory participation to the fund Other : 23. Which liabilities should be covered by a fund or risk pooling scheme if it was to be established? environmental damage liabilities traditional damage liabilities both environmental and traditional damage liabilities Other : 24. If you have any further suggestions or comments on development of a fund or a riskpooling scheme to address cover environmental liabilities, please use the field below to explain your views. Chapter 6: Your contact information Please would you complete your contact details below (this is for the project team to keep track of respondes and will not be published in the report): Name * Organisation * Function * Short description of the organisation *(e.g. type of activity, sector, size, geographical location) Email address * Telephone * Thank you for your contribution!