Reducing Environmental Risk

Why should businesses assess their environmental impact?

On Behalf of | Nov 1, 2023 | ENVIRONMENTAL LAW - Compliance

Virtually every business leaves a footprint on its surroundings, and negligence in their operations can lead to potential environmental hazards. Companies seeking to minimize these risks can access valuable information from the U.S. Environmental Protection Agency (EPA).

However, to truly mitigate their environmental impact, businesses must reevaluate their production methods and services, considering how their waste contributes to the overall health of the planet.

What happens when a company neglects to evaluate its environmental risk?

Failure to assess their environmental risks can result in businesses contaminating water sources, soil and the very air people breathe. Industries often generate significant waste, including plastics, chemical byproducts, food waste and greenhouse gases, all of which can pose a threat to the environment. Moreover, many businesses’ heating and cooling systems can emit hazardous gases that harm the atmosphere.

The danger escalates if a business is situated near residential areas or wildlife habitats. This can lead to residents and wildlife suffering from health issues due to the business’s environmental impact.

How frequently should pollution risks be examined?

Each business’s environmental risks vary based on their unique operations. Consequently, it may be prudent for businesses to conduct annual assessments of their environmental impact. However, if a business’s activities indicate an increased threat to the environment since the last evaluation, more frequent assessments are advisable.

Businesses that institute comprehensive waste management policies and regularly monitor their environmental risk are better equipped to minimize their adverse impact on the environment. Operating a business entails inherent challenges, but owners who are well-informed about their legal rights can make sound decisions when addressing complex situations.



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