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A proactive approach to environmental risks.
- Article from:
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Risk Management
- Article date:
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January 1, 1994
- Author:
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Copyright informationCOPYRIGHT 1994 Risk Management Society Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Many corporations have found that working with risk managers to develop proactive environmental programs will ultimately lower potential environmental liability, reduce compliance costs and protect the company's public image. Compliance with environmental regulations alone will not remove the risk of environmental liabilities. Therefore, proactive programs should not be based on regulations but should include the company's own evaluations and audits. Some reasons that many companies still have not initiated proactive programs include the lack of a company-wide environmental policy and the lack of a risk-oriented organizational structure.
NO ONE CAN DISPUTE that, over the past few years, ...
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