ENVIRONMENTAL RISK MANAGEMENT: THE REGULATORY ROLE OF ENVIRONMENTAL LAW IN COMPANIES

Authors

  • Anderson Vinicios Branco Lutzer Author

DOI:

https://doi.org/10.56238/levv15n41-026

Keywords:

Risk Management, Environment, Environmental Law

Abstract

The objective of this research was to analyze the role of environmental law as a regulatory instrument in the management of environmental risks by companies, highlighting its importance in promoting sustainable business practices and complying with legal standards. To this end, a bibliographic research was carried out, where it was possible to verify that, in view of the increase in environmental crises and the pressure for responsible practices, Environmental Law establishes norms and guidelines that guide organizations in the identification, evaluation and mitigation of environmental impacts. Instruments such as Environmental Impact Assessment and licensing contribute to ensuring that companies operate within legal parameters, promoting the adoption of clean technologies and sustainable practices. Effective oversight and the participation of civil society are also essential to ensure compliance with the rules. Thus, the study concludes that environmental risk management is not only a legal obligation, but a vital strategy for the viability of companies, positioning them as active agents in building a sustainable future.

Published

2024-10-04