Features of Environmental Risk Assessment and Management at Metallurgical Enterprises Cover Image

Особливості оцінки та управління екологічними ризиками на металургійних підприємствах
Features of Environmental Risk Assessment and Management at Metallurgical Enterprises

Author(s): Ruslana Zhovnovach, Viktoriia Vyshnevska
Subject(s): Economy, Business Economy / Management, Micro-Economics, Energy and Environmental Studies
Published by: Центральноукраїнський національний технічний університет
Keywords: risk; environmental risk; environmental risk assessment; environmental risk management;

Summary/Abstract: The operation of metallurgical enterprises is related to numerous risks, including environmental risks, that is, risks associated with the negative environmental impact of enterprises. Therefore, a major challenge today is finding innovative solutions to manage such risks. The article identifies and analyzes approaches to the interpretation of the nature of environmental and economic risks, their main differences, presents the classification of environmental risks, discusses the main stages of the risk management process. An approach to determining the risk of an adverse event is considered, which takes into account not only the probability of this event, but also its possible consequences. The algorithm of risk management strategy based on logical operations of choice of action direction depending on fulfillment of criteria acceptability of magnitude and price of environmental risk is considered.The study found that environmental risk management is a process of balancing between the level of potential losses and the potential benefits of implementing an environmentally risky business decision by applying the most effective set of methods for influencing the level of environmental risks. Thus, it is recommended to use the concept of acceptable environmental risk, which involves the allocation of three different levels of risk and requires analysis, which reduces its initial level to the estimated, and the development of appropriate measures and actions that bring the estimated level of risk to the final, appropriate (appropriate). in terms of reconciling the benefits received and the losses or expenses).The methodology of environmental risk management of the enterprise is based on the accepted methodology of risk management, a distinguishing feature of which is the functional separation of stages related to the analysis, risk management and information on it, and is coordinated with the methodology of environmental management.

  • Issue Year: 2019
  • Issue No: 3 (36)
  • Page Range: 264-273
  • Page Count: 10
  • Language: Ukrainian