A comprehensive Environmental Risk Management Program (ERMP) is undertaken with the sole purpose of protecting valuable corporate assets. Whether to protect the environment altruistically or for the preservation of corporate economic interests, the risk management process is an effective way to identify threats to an asset and to devise effective means of protecting it.
An ERMP may include many variables including property oversight, facility auditing, hazardous waste management and disposal oversight, employee-training programs, and complete environmental compliance management.