Define: Environmental Risk

Environmental risk refers to the potential for adverse effects on human health, ecosystems, or the environment resulting from exposure to hazardous substances, pollutants, or other environmental stressors. These risks can arise from various sources, including industrial activities, chemical spills, air and water pollution, deforestation, climate change, and natural disasters. Environmental risks can have significant consequences, including respiratory and cardiovascular diseases, contamination of water supplies, loss of biodiversity, and damage to ecosystems. Vulnerable populations, such as children, the elderly, and low-income communities, are often disproportionately affected by environmental risks. Mitigating environmental risks requires effective regulation, pollution control measures, sustainable resource management, and public awareness and participation in environmental protection efforts. Addressing environmental risks is crucial for safeguarding human health, promoting environmental sustainability, and preserving the natural world for future generations.

The possibility that a business activity will result in a change in the status quo of ecological balance in the area in which it is conducted. In most industries, companies are required to conduct extensive environmental risk assessments and receive the approval of state or federal agencies before conducting activities that pose a potential risk.

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This glossary post was last updated: 29th March 2024.