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Integrated Risk Management
Integrated risk management is the development and execution of a management system that controls multiple,
disparate risks to which a company or facility is exposed.
Underlying such a management system is generally a multi-category risk model capable of comparing liabilities across a range of risk-types.
We have developed integrated models that address a broad range of risks associated both with fixed facilities and transportation systems:
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onsite worker health and safety
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public health and safety
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environmental impact
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economic consequences of process interruption, facility damage, and public impact.
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On a semi-quantitative basis, additional risk categories may also be modeled, such as:
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regulatory noncompliance
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exposure to litigation
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insurance liability
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negative public perception.
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Through expansion of our quantitative risk assessment techniques,
we have developed the methods, models and data to support integrated risk analysis,
providing a robust basis for the allocation of resources across liability areas and operating units.
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