At the end of last year a Hungarian aluminium producer was fined 472 million euros over a spillage of toxic sludge that killed ten people. Added to that the Environmental Liability Directive (ELD) adds a significant new regulatory burden to businesses with operations in the EU.
So, in WillisWire’s latest podcast (09.30) I explain the key environmental risks that companies are exposed to and what risk management measures they should be considering to protect themselves.
Key highglights from the pod include:
• What kind of environmental risks companies are exposed to – and how seriously they are taking the risks
• The current state of transposition of the ELD around Europe and where it is enforced most strictly
• The key concerns raised by the ELD and what the repercussions of transgressing these rules could be.