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What is Environmental Risk Management

Chapter 8
Regional Economic Integration and Global Competition in the Post-COVID-19 Era: European Union, Eurasian Economic Union, and the Belt and Road Initiative
Weighing the benefits of an enterprise manufacturing operation and the risks it brings.
Published in Chapter:
Enterprise Environmental Risk Assessment Management Under the Background of Regional Economic Integration
Shanyi Cheng (Southern Federal University, Russia) and Anton Murzin (Southern Federal University, Russia)
Copyright: © 2022 |Pages: 14
DOI: 10.4018/978-1-7998-9254-0.ch008
Abstract
The global regional economic integration has gradually become a reality, and several regional economic markets such as North America, Europe, East Asia, Southeast Asia, and South America have been formed. After the COVID-19 pandemic, many regional economies will suffer more risks. This chapter mainly analyzes the impact of environmental risks in corporate risks. This chapter starts with environmental risk assessment, combines the existing achievements of predecessors and scholars, puts forward the concept of environmental compliance index, shows an environmental risk evaluation system table, and expounds the evaluation system. Afterwards, the authors propose how enterprises should avoid environmental risk management and put forward their own views and opinions. Finally, the research summarizes the data and concludes that the enterprise's environmental risk management can promote the sustainable development of the enterprise.
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