Environmental Risk Assessment

Author(s): R. Lupu * .

DOI: 10.2174/9789815179392123010006

Risk Management and Principles

Pp: 37-44 (8)

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  • * (Excluding Mailing and Handling)

Environmental Risk Assessment

Risk Management and Principles

Author(s): R. Lupu * .

Pp: 37-44 (8)

DOI: 10.2174/9789815179392123010006

* (Excluding Mailing and Handling)

Abstract

The chapter discusses the concept of risks in the economy and how it affects the everyday operations of a company. Risks arising can result in economic losses, damage to facilities and equipment, and, most importantly, workplace accidents. Risk management nowadays has developed in both concept and practice and has become an industry in countries with a functional market economy. The chapter emphasizes that risk management is a crucial aspect of global management that requires information from various fields, such as economic, technical, legal, statistical, and psychological, to maintain the risk at the minimum level. Moreover, effective risk management can lead to sustainable development for humans, the environment, and businesses.