Environmental Risk Management
This timely publication considers recent developments in environmental risk management as they relate to commercial organizations, including risk transfer through insurance. It starts by looking at characterization of risks based on the hazard-pathway-receptor principles, emphasizing the importance of site specific factors. Environmental risks are increasingly considered as a part of strategic control assessment. Checklists and case studies are presented to assist in review and assessment of environmental risks. Further guidance is offered for decision making under uncertainty, showing the potential of tools such as Monte Carlo analysis and fuzzy logic, and leading to a review of risk assessment and management frameworks. Environmental Risk Management is an accessible and valuable reference to those from a range of backgrounds - including occupational hygiene, safety, quality personnel and operational managers - who are dealing with environmental issues within their organization.
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Property Related Environmental Risks
Financial Risk Transfer
Decision Making with Uncertainty
Acronyms and Abbreviations
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accident analysis appropriate aquifers areas arising associated audit bioaccumulation cent checklist chemicals clean-up COMAH COMAH Regulations compliance concerns considered contaminated land cost damage decision drainage EBRD ecosystem effects ensure Environment Agency Environmental incident environmental issues environmental management system environmental risk assessment environmental risk management estimates evaluation example factors firewater groundwater guidance hazardous materials health and safety human health hydrogeology identified implementation important industrial initial investigation involved landfill liabilities nature off-site operations options organisations outcome overall pathway score Phase 1 study pollution potential probability problems property transfer receptors recognised regulators regulatory release relevant risk assessment Risk management programmes risk profile risk-based approach Royal & SunAlliance scenarios sensitive significant soil specialist standards substances Superfund surface water survey targets third party toxicity uncertainty underground storage tanks utilised values waste watercourses