Reducing Environmental Risk

How often should you assess your business’s environmental risk?

On Behalf of | May 5, 2023 | Environmental Audits

Businesses can harm the environment due to the large amounts of waste they produce. Examples include chemicals, plastic, fertilizer residue, food waste, greenhouse gas emissions and so on. And this is not only an issue caused by companies in the industrial field, an office running heating and air conditioning systems also releases gases that affect the environment.

The U.S. Environmental Protection Agency (EPA) provides businesses with adequate information to keep the planet safe. But to achieve this goal, businesses should assess their environmental risk to act accordingly sooner. But, how often should you do this? Here are some tips:

Regularly, possibly once a year 

Since businesses’ operations differ, there may not be a standard time to examine environmental risk, but it’s crucial to do so regularly, perhaps annually. However, even though you may choose to do this once a year, you should carry out some procedures more often to prevent issues from worsening. 

Thus, you should have internal standards to help you control the effect of your operations before even the elements get to the atmosphere. For instance, ensure waste is stored properly before recycling or being disposed of. Your employees should assess where such areas to identify if waste can escape and pollute the environment. 

What can happen if you fail to do this?

If you fail to regularly assess your business’s environmental risk, you may pollute water, soil and noise.  And the effects can be more adverse if you are close to homes or animals. In addition to this, you may face a costly lawsuit. Therefore, it will be best to stay ahead of any potential problem.

If you run a business, it’s crucial to get the right knowledge and experience to assess your environmental risks and, in turn, make informed decisions. Experienced legal guidance is often the best way to protect your company’s future.

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