STRATEGIC FINANCIAL ASSESSMENTS

 

ENVIRONMENTAL BUSINESS ADVISORY SERVICES

A strategic environmental financial assessment identifies environment-related financial opportunities and constraints and determines the effect that such activities could have on a company’s profitability. Businesses, especially environmentally high-risk businesses, should periodically undertake a strategic environmental financial assessment to assess the financial consequences of both positive and negative environmental impacts.

An assessment entails an appraisal of a business’ management structure and the financial quantification of its environmental impacts by the application of environmental resource economics. Such an analysis identifies environment-related financial opportunities and constraints and enables companies to choose legally compliant and sustainable environmental management options that will support good performance.

The strategic environmental financial assessments that Duard Barnard and Associates undertake for business and industry emphasises strategic planning and the implementation of innovative preventative and cost-effective environmental management strategies within the framework set by environmental law.

A constructive rather than a reactive approach to environmental problems is indicated. Innovative and sustainable solutions to environmental problems, especially historic problems, enhance an organisation’s competitive advantage and can make a major financial contribution to a business’ profitability.

 

ENVIRONMENTAL RISK ASSESSMENT AND MANAGEMENT

 

Environmental risks could have serious legal, financial, insurance and image implications and can do great harm to an enterprise’s profitability. Duard Barnard & Associates undertake environmental risk assessments for different industrial sectors.

 

An environmental risk assessment is a management evaluation technique that identifies and quantifies the actual and potential risks of legal and regulatory non-compliance. It is a logical and systematic analysis of an organisation's impacts on the environment to identify significant negative environmental impacts and potential problems. The assessment then identifies steps that can be taken to address such problems by the establishment of management structures.

 

An environmental risk assessment provides valuable management feedback. It indicates the corrective steps that should be taken to control operational risks and incidents and avoid civil and criminal liability, thus preventing financial losses.

 

HIGH ENVIRONMENTAL RISK SECTORS

 

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Aerospace & defence

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Mining

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Automobiles

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Packaging

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Chemicals

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Petrochemicals

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Construction & building materials

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Pharmaceuticals

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Electricity

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Real estate

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Electronic & electrical

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Steel & other metals

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Forestry & paper

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Transport

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Gas & oil distribution

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Waste management

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Healthcare

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Water

 

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