One of the greatest challenges faced by energy, transportation and emerging technology companies is to create a compliance program that will remain effective as regulations continually evolve and tighten. Having a successful compliance program is vital, as it helps companies avoid fines and public relations challenges.
Successful compliance planning begins long before reporting deadlines and should include an awareness and understanding of:
- Regulatory specifics
- The ways in which a rule interacts with other federal, state and local rules
- The agency’s programmatic goals
- Key agency staff and appointees
- Broader political considerations
- Upcoming future rules or considerations
GNA has significant experience working on both sides of the compliance process for air-quality, transportation, and energy policies—both helping public agencies develop practical regulations and guiding businesses on how to meet them. GNA has deep and close working relationships with local, state and federal contacts, allowing us to keep our clients apprised of current and upcoming legislative initiatives that may impact their business. These relationships also give us the unique ability to advocate for our clients and influence the development of compliance programs in favorable ways.
Over the past 20 years, GNA has worked with businesses of every size on regulatory compliance plans—from small companies needing to comply with state fleet regulations to global enterprises looking to understand how international regulations may impact the market for their product(s). We start by conducting a full analysis to determine the potential financial impact of proposed or new regulations.
We then develop multiple options on how to move forward by evaluating cost models, timeframes, and upcoming regulatory revisions. Our recommendations include the technology options, reporting needs, agency outreach, and operational approaches necessary to implement an effective compliance plan. This 360-degree analysis allows clients to plan for upfront capital and staffing requirements, as well as anticipate ongoing budget and resource needs.