What is Environmental Risk Management?
The steps an industry/ organization has to follow in order to make the future sufficiently certain and allow “losses” to be contained under expected and acceptable limits. Estimates calculated by Environmental Risk Assessment as a basis for making decisions is termed Environmental Risk Management The Process for Environmental Risk Management involves: • Characterization of the baseline environment and identification of potential receptor population. • Ecological toxicity assessment • Evaluation of potential exposures • Risk characterization • Monitoring environmental risks.
