Managing compliance risks through meaningful indicators
Your company will need to manage how it complies with EHS laws and regulations. But are you currently doing it in the best way? In our experience, there are a number of misconceptions around what the standards require; as a result,many poor practices have been allowed to permeate.
Every organization manages risk. To meet objectives, you need to anticipate potential obstacles, especially the effect of uncertainty on objectives. EHS regulations are rising in importance, as failure to comply can threaten your license to operate. You must comply with EHS regulations to continue operating, and you must operate to meet objectives. It’s not enough to simply enter EHS compliance risks in a risk register and determine controls. A more proactive approach is needed, one where your response to EHS compliance risks is also measured, ensuring you are doing the right things to make sure that EHS compliance risks are avoided, or promptly addressed when identified.
This joint paper with Enablon covers:
- The importance of managing EHS compliance risks.
- How mitigating EHS compliance risks can provide a competitive edge.
- The leading indicators that measure how proactively you manage EHS compliance risks.
Your exclusive content awaits
Subscribe to access this and more featured insights, in-depth reports and regulatory intelligence resources from industry experts.