Expertise: In the News

16 August 2024 – ADEC Innovations is pleased to announce the appointment of Joseph Favata as the company’s Global Chief Marketing Officer (CMO). Joe will be a key strategic driver for the “One ADEC, One Voice” vision and initiatives. Joe brings extensive marketing and leadership experience across healthcare, outsourcing, finance, technology and impact-focused solutions. His expertise encompasses brand management, marketing strategy, digital and field marketing and market research. In his previous leadership roles, Joe served as Chief Vision Officer at Nickel City Sage and Chief Marketing Officer & Vice President at Acclara. He also held various leadership positions within the Healthcare Financial Management Association (HFMA), currently serving as a President-Elect for the Empire NY Chapter and Sponsorship Chair for Region 2. Joe’s passion for sustainability and commitment to helping organizations articulate their missions and drive positive change align perfectly with ADEC Innovations’ core values. Upon his appointment, Joseph Favata commented, “I am incredibly excited about the opportunity to work alongside brilliant minds and notable brands. Together we aim to provide impactful solutions for our industries and the environment.” Joe’s extensive background supports ADEC Innovations’ goal to drive progress and deliver results across our various businesses. His leadership will be instrumental in advancing our #OneADEC vision, fostering unity, collaboration and impactful innovation. We are thrilled to welcome Joe to the ADEC Innovations team and look forward to the expertise and vision he will bring to our organization.

7 May 2024 – ADEC Innovations announces the appointment of Brenden Faber as the new Chief Operating Officer (COO) of the group, effective April 22, 2024. As we continue to grow and evolve as a Global Business Services (GBS) organization, it is essential that we build connectivity and solidify our unified approach to the market. Brenden’s joining ADEC Innovations marks another significant step towards our ‘One ADEC, One Voice’ initiative. Brenden brings a wealth of experience in operational excellence and strategic leadership, aligning with our objective to accelerate progress and deliver results from across our various businesses. Brenden previously served as President of First American Exchange for 18 years. He also took up various senior leadership roles and First American Title Insurance Company-National Commercial Services, Commercial Due Diligence Services, and First Security Business Bank. Brenden holds a Juris Doctor degree from Gonzaga University School of Law and a bachelor’s degree in finance from the University of Utah.

London, 9 February 2024 – ADEC Innovations, a leader in global business services focused on Sustainability, Environmental Social and Governance (ESG), Resiliency, Adaptability, and Impact, proudly announces its membership with Impact Sourcing Alliance, furthering its commitment to driving positive social change through sustainable business practices. “Impact is a central tenet of our brand and our product and service offerings. Impact sourcing, the practice of intentionally hiring and providing career development opportunities to individuals who otherwise have limited prospects for formal employment, aligns perfectly with our core values of social responsibility and sustainability. Being a member of Impact Sourcing Alliance, ADEC Innovations aims to contribute to the network of companies dedicated to leveraging the power of impact sourcing to create opportunities for marginalized communities worldwide,” says ADEC Innovations co-founder and Group CEO Jim Donovan. “The Impact Sourcing model continues to gain traction as more companies recognize the potential of impact sourcing not only to improve their bottom line but also to create positive and social impact by providing employment opportunities to marginalized groups, be it rural communities, unemployed youth, single parents and differently abled individuals,” explains Matt Clarke, Director of Workforce Solutions at ADEC Innovations. ADEC Innovations’ Impact Sourcing hub in Kenya, which provides employment to around 279 local residents is a prime example of Impact Sourcing in action; Matt adds, “Our Kenya operation provides people from local communities, including many from rural backgrounds, with long-term employment opportunities, skills development and economic growth. We look forward to showing the benefits of Impact Sourcing, sharing experiences and best practices from this hub and our other global locations to the rest of the impact sourcing community.” Working with providers and partners like ADEC Innovations, the Impact Sourcing Alliance will showcase best practices, success stories, frameworks and methodologies of the community on Impact Sourcing. Committed to sustainable development and Impact Sourcing, ADEC Innovations has over 40 years of group experience in professional services, enterprise technology, workforce solutions and impact solutions. For more information, contact us. Find out more about the Impact Sourcing Alliance.

Conklin, New York, October 18, 2023 – ADEC Innovations, a global leader in environmental, social, and governance (ESG) solutions, is pleased to announce the expansion of its trusted property risk assessment tool, “RiskFacts,” into the comprehensive property risk platform “ADEC SiteRisk.” This evolution comes in response to the changing landscape of the commercial real estate industry, warranting a more robust property risk assessment and management program amongst industry players. The commercial real estate industry has been experiencing remarkable activity and changes – from shifting workplace expectations and practices, rising interest rates, increasing climate change impacts and other environmental risks, etc. All these emphasize the essential need for reliable risk assessment tools. Regulatory changes proposed by the U.S. Environmental Protection Agency (EPA) further underscore the critical importance of better risk assessment and management in the industry. A recent study published in the journal Nature Climate Change indicated that the U.S. real estate market may be overvalued due to unrealized environmental risks, likewise highlighting the significance of comprehensive property risk assessment. ADEC SiteRisk represents a significant enhancement in the field of property risk management. The platform offers a comprehensive suite of solutions, to efficiently respond to the growing industry challenges and its ever-evolving landscape. ADEC SiteRisk solutions include the following:

1. Risk Reporting Capabilities: ADEC SiteRisk offers specific services for environmental property risk assessment, including Phase I Environmental Site Assessments (ESA), Records Search and Risk Assessment (RSRA), Environmental Professional (EP) Opinions, and Property Risk Reports.
2. Environmental Database Expansion: Users can now evaluate properties against government environmental databases, accessing millions of records from over 2,000 databases.
3. Portfolio Monitoring: ADEC SiteRisk empowers clients to monitor their current property portfolio holdings and evaluate critical changes in database findings.
4. Customizable Views: Building on RiskFacts’ features, users can continue to tailor the information they receive about a subject property.
5. Property Risk Reports: ADEC SiteRisk’s Property Risk Reports provide an essential evaluation of a site and help determine what further assessments or mitigation strategies are needed to create sustainable, resilient solutions to property environmental threats.

The ADEC SiteRisk platform features a user-friendly interface, enabling clients to easily identify potential environmental risks surrounding their property(s). Users can gain a comprehensive understanding of surrounding zones influencing a property, such as brownfields areas, superfund sites, federal wetlands, FEMA 100-Year flood plains, and pipelines. Additionally, users benefit from robust environmental expert opinions to determine further assessments needed or to create effective mitigation strategies. “We are excited to introduce ADEC SiteRisk as the evolution of RiskFacts,” said James M. Donovan, CEO of ADEC Innovations. ” Commercial real estate landscape is characterized by adaptability, sustainability, and technological integration. Leveraging these trends, ADEC Innovations, through ADEC SiteRisk, provides stakeholders appropriate risk assessment tools tailored to their needs, empowering them to make informed decisions and efficient strategies, which ensure long-term success in this ever-evolving industry.” ADEC SiteRisk’s offering is relevant to a wide range of stakeholders, including municipalities, real estate brokers and owners, Real Estate Investment Trusts (REITs), banks, non-bank lenders, and insurance companies. The comprehensive platform provides cost-effective solutions tailored to the unique needs of these and other industry professionals. For further information about ADEC SiteRisk and its offerings, please visit adec-siterisk.com.