Financial Risk Assessment and Management for Contaminated

0,06

MB

Land

2

stron

2537

ID

ENVIRON Holdings, Inc.

2005

rok

Today, the business of transferring, developing, or

managing land, property, or assets harbours myriad

opportunities for environmental liabilities that can

ultimately result in significant financial exposure.

Regardless of whether the exposure is realised as an

immediate and actual cost, such as clean up and

associated business interruption, or represents a

potential future liability, the value of the asset is at risk.

building on, and from, an initial strategic analysis and

review. Depending on the risk, an appropriate model is

built to value in terms of probable outcomes for the

financial exposure created by one or more different

scenarios leading to a loss or costs greater than

anticipated or planned. A common tool used to achieve

this is stochastic modelling, which replaces deterministic