In assessing environmental risks we examine how and to what extent the company is polluting its environment in the course of carrying out its activities.
Challenges facing environmental risks:
- when calculating a weighted frequency of a given environmental risk occurring, the frequency of occurrence and extent of resulting pollution must be considered
- when calculating the severity of the impact of a given environmental risk, detectability, extent, and duration of the event must be considered, as well as its impact on the natural environment and living world
- environmental impacts must be assessed according to operational status
- pollution may be linked to a given activity or product