Environmental Risk Management
The Problem
In the last few years the environmental demands on enterprises have increased exponentially due to changes in buying behavior, environmental legislation and through scientific findings - there is no end in sight for these developments. Apart from the necessity to use strategic chances for ones own enterprise, one must avoid concrete risks and liability cases. Such risks can affect the enterprise management directly as well as the enterprise itself.
The analysis of environmental risks is largely still at a very early stage of development, although enterprises are financially hit in various ways through missing risk management. Examples for this are loss of sales, penalties, increased waste and sewage charges, acquisition problems and last but not least, unused potential for savings. In conclusion: Environmental Risk Management can help to save money!
The solutions
The evaluation of economical consequences of environmental risks is a comparatively new discipline in the framework of risk management. It is closely linked to the so-called Eco-Ratings for Green investment funds, but has very different demands depending on the application. PE has concentrated on three areas in the methodology development:
- Life Cycle Risk Management
Does your enterprise wish to establish a systematic monitoring system which extends over the lifecycle of your product portfolio, reliably shows environmental risks and is fully integrated with the conventional economic business management system? - Due Diligence
Do you intend to invest money in third party companies, and would you like to be in the picture regarding ecological risk potential beyond classic company analysis? - Environmental risk analysis in credit business
As a bank do you wish to keep an eye on the environmental risks to your borrower in the future, because you have found out to your cost that environmental aspects have led to credit failure?
If you wish to tackle one of these tasks, then PE with our necessary Know-How is the perfect company for you to talk to.