Critical Incident Risk Management

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The corporate use of management systems and scenario planning to:

  1. identify exposure to possible catastrophic events
  2. prevent low-probability, high-impact accidents and emergencies
  3. mitigate the consequences if these catastrophic or high-impact events come to pass.

In the ESG context, critical incidents usually take the form of releases of Hazardous Substances or chemicals. The aim of Critical Incident Risk Management is to ensure a culture of safety and preparedness at a company.

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Explainer: Critical Incident Management