Search results
Results from the WOW.Com Content Network
The COSO "Enterprise Risk Management-Integrated Framework" published in 2004 (New edition COSO ERM 2017 is not Mentioned and the 2004 version is outdated) defines ERM as a "…process, effected by an entity's board of directors, management, and other personnel, applied in strategy setting and across the enterprise, designed to identify ...
Environmental resource management is an issue of increasing concern, as reflected in its prevalence in several texts influencing global sociopolitical frameworks such as the Brundtland Commission's Our Common Future, [3] which highlighted the integrated nature of the environment and international development, and the Worldwatch Institute's annual State of the World reports.
ISO 31000 is a set of international standards for risk management.It was developed in November 2009 by International Organization for Standardization. [1] The goal of these standards is to provide a consistent vocabulary and methodology for assessing and managing risk, resolving the historic ambiguities and differences in the ways risk are described.
Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
Protected areas in the Philippines encompasses 4,620,000 hectares (11,400,000 acres) of terrestrial areas and 3,140,000 hectares (7,800,000 acres) of marine areas. [1] They are managed according to the following classifications described in Section 4 of the National Integrated Protected Areas System Act of 1992 (NIPAS Act).
Hazard maps are created and used in conjunction with several natural disasters. [1] Different hazard maps have different uses. For instance, the hazard map created by the Rizal Geological Survey is used by Rizalian insurance agencies in order to properly adjust insurance for people living in hazardous areas. [2]
ERM (Environmental Resources Management) is a multinational consultancy firm which focuses on sustainability and the environment. It is headquartered in London, United Kingdom. The company provides environmental, health, safety, risk, and social consulting services and sustainability related services.
The program combines science and technology for disaster risk reduction and management. [4] It is also a responsive program that aims to provide a 6-hour lead-time warning to agencies involved in disaster prevention and mitigation. [5] The project also uses advanced technologies to enhance current geo-hazard vulnerability maps.