Environmental risk

(redirected from Environment Risks)

Environmental risk

The risk associated with economic or administrative consequences of slow or catastrophic environmental pollution.

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.
References in periodicals archive ?
In statement to SUNA the Environment Minister asserted the his ministry has conducted a clear plan for the surveillance, and awareness raising on the environment risks through the national campaigns, calling on the necessity for the reduction of the emissions, encouragement of the productive energies, and the development of the resources to achieve the renaissance in the country.
Imposing a UK-wide framework for the environment risks undermining the significant progress Scotland has made, which has seen us win international recognition for our work on climate change and the circular economy.
Imposing a UKwide framework for the environment risks undermining the significant progress Scotland has made, which has seen us win international recognition for our work on climate change and the circular economy.
To achieve the study's goals, a scale of environment risks awareness was developed including three fields: cognitive field consisted of 27 items, emotional field consisted of 17 items and skill field (14 items) and displayed to a group of arbitrators.
The state of Victoria plans to ban shale and coal seam gas fracking in what would be Australia's first permanent ban on unconventional gas drilling, citing the concerns of farmers and potential health and environment risks.
It will also build an electronic database on customs, security, health and environment risks.
It will also build an electronic database for all the custom, security, health and environment risks.
Its risk assessment system, Operations Integrity Management System (OIMS), measures and mitigates safety, security, health and environment risks to people, the environment and communities in which ExxonMobil operates.
Auxiliary Bishop of the Patriarchate Lukas el-Khoury called for raising the awareness of government and civil institutions to reduce environment risks.
These sorts of environment risks are covered in most liability programs.
For example, control environment risks often present greater problems than more routine control areas such as payroll or accounts payable.
The law doesn't require, but should have required, the company seeking a GM-seed-selling license to provide an environmental-impact statement to assess the health and environment risks of that seed as a precondition for applying for it," says Mariana Paoli, a coordinator of the anti-transgenic campaign at Greenpeace, an environmental organization.
Full browser ?