Environmental risk

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Environmental risk

The risk associated with economic or administrative consequences of slow or catastrophic environmental pollution.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Environmental Risk

The risk that a certain business venture or activity will cause destruction to the surrounding natural environment. For example, if oil reserves were discovered in a national park, there would be the environmental risk that exploiting the reserves might harm or destroy some of the park's wildlife. While environmental risk implies some moral or at least reputational risk, it also carries economic consequences. A company with environmental risk often has to pay fees for exemptions from certain policies, and it is usually responsible for cleaning up the environment in case it causes a slow or sudden disaster. See also: Cap-and-trade.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
These small plastic fragments pose an environment risk, particularly in the ocean.
Scores for business environment risk and political risk are low.
The conference topics include sustainability and environment risk assessment.
Business Environment Risk Intelligence (BERI) report, the Ministry of Economic Affairs (MOEA) said in a statement Monday.
People who do nothing for the environment risk damaging their reputation, and may instead choose to attack the motives of environmentalists, he said.
What is the students' level of awareness of an environment risk (shortage of water) whose major is class teacher, special education and counseling?
Human environment risk such as political risk can only get access to some paperwork when it is quantitatively evaluated.
Peruvian banks would have to undertake social and environment risk assessments for issuing corporate loans.
Volume 1 in the oEngineering Tools for Environment Risk Management o series, this book addresses engineering, management and legislation tools for caring for the environment.
The operating environment risk profiles of NBAD and NBK are currently more contained given their smaller and more gradual expansion policies.
It also allows us to identify the important questions that need to be answered about patterns of health and environment risk for future avenues of research.'
It also allows us to identify the important questions that need answering about patterns of health and environment risk for future avenues of research."
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