ENVIRONMENTAL RISK


Environmental risk can have serious negative effects on an organization's financial well being and its ability to achieve its business objectives. Existing and forthcoming legislation and regulations—as well as governance and accounting trends of environmental risk and liability—can influence an organization's financial performance, reputation and brand, cash flow, and shareholder value.

Environmental RiskCorporations and their directors and officers are at increasing risk of facing criminal allegations and serious financial penalties imposed for not properly addressing environmental issues. With an increase in enforcement activities, new environmental reporting requirements and uncertainty regarding climate-change laws and regulations, financial assurance and other emerging issues, most industry sectors are seeing an increase in their environmental exposures.

The experience the professionals in our Global Environmental Practice have gained advising thousands of clients has reinforced our understanding of the need to bring a multidisciplinary approach to solving environmental risk issues.
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Marsh Insights: The Potentially Catastrophic Environmental Risks of Mining
September 25, 2014  |  Views: 9826 |  Comments: 0 
Marsh Insights: The Potentially Catastrophic Environmental Risks of Mining
Since October 2013, there have been four high profile environmental incidents in the North American mining sector, three in the summer of 2014 alone. The failure of a tailings pond...  Read More...
Marsh Insights: Vehicle Safety and Winter Conditions
January 22, 2014  |  Views: 9020 |  Comments: 0 
Marsh Insights: Vehicle Safety and Winter Conditions
Vehicle driver accidents cost millions of dollars a year in property damage losses alone, but what about the driver’s safety? Drivers within your fleet program can help re...  Read More...
Marsh Insights: Winter Weather Precautions
December 16, 2013  |  Views: 9755 |  Comments: 0 
Marsh Insights: Winter Weather Precautions
The gusting winds, heavy snow, and freezing temperatures associated with winter are normal and often anticipated occurrences throughout most of the world’s cold weather climates. H...  Read More...
Marsh Insights: The Changing Landscape of Environmental Liability in Canada – Now it’s Personal
December 03, 2013  |  Views: 10085 |  Comments: 0 
Marsh Insights: The Changing Landscape of Environmental Liability in Canada – Now it’s Personal
Every now and again there are events that galvanize the attention of the general public, politicians and various governmental regulators alike and create a heightened sense of awar...  Read More...
Global Risks 2013 Report - Eighth Edition
January 15, 2013  |  Views: 9072 |  Comments: 0 
Global Risks 2013 Report - Eighth Edition
Continued stress on the global economic system is positioned to absorb the attention of leaders for the foreseeable future.  Read More...
Global Risks 2012
January 25, 2012  |  Views: 3324 |  Comments: 0 
Global Risks 2012
The World Economic Forum's report focuses on three key risks that can undermine the progress made by globalization   Read More...
New Reality of Risk Webcast Series
January 18, 2012  |  Views: 9577 |  Comments: 0 
New Reality of Risk Webcast Series
Stay abreast of trends in the Canadian insurance market, gain insights from guest speakers who are experts in their fields, and discover new ways to proactively manage risk - Marsh...  Read More...
Marsh Insights: Valuing Resiliency
September 23, 2011  |  Views: 9508 |  Comments: 0 
Marsh Insights: Valuing Resiliency
In a value-driven approach to managing supply chain resiliency, risk is viewed in the context of how the organization makes money. This newsletter will examine concerns that many ...  Read More...
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Brownfields - How Environmental Insurance Can Help
April 17, 2011  |  Views: 19127 |  Comments: 0  | Article Rating
Brownfields - How Environmental Insurance Can Help
No two Brownfield sites are identical and for this reason there are generally no “off-the-shelf solutions” to manage the risks associated with their redevelopment. Marsh Canada Lim...  Read More...
Environmental Risk
February 21, 2011  |  Views: 16801 |  Comments: 0  | Article Rating
Environmental Risk
Marsh uses a multi-disciplinary approach that integrates finance, law, environmental risk management, engineering, actuarial science and insurance.  Read More...
Hydraulic Fracturing
May 20, 2011  |  Views: 21332 |  Comments: 0  | Article Rating
Hydraulic Fracturing
The US Environmental Protection Agency (EPA) has recently announced that they will be evaluating the potential impacts to groundwater resulting from hydraulic fracturing or “fracki...  Read More...
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Argentina Mandates Environmental Insurance
November 29, 2010  |  Views: 18466 |  Comments: 0  | Article Rating
Argentina Mandates Environmental Insurance
Argentina recently implemented environmental directives requiring companies that conduct potentially high risk operations to obtain insurance that will cover any environmental dama...  Read More...
Argentina Mandates Environmental Insurance
August 11, 2010  |  Views: 18061 |  Comments: 0  | Article Rating
Argentina Mandates Environmental Insurance
Argentina recently implemented environmental directives requiring companies that conduct potentially high risk operations to obtain insurance that will cover any environmental dama...  Read More...
Pharmaceutical Companies May Be Held Liable for Chemicals Found in Water Supplies
June 17, 2010  |  Views: 18250 |  Comments: 0  | Article Rating
Pharmaceutical Companies May Be Held Liable for Chemicals Found in Water Supplies
Pharmaceutical companies face an evolving risk of pharmaceuticals and personal care products (PPCP) in ground and drinking water supplies.   Read More...
EU Court Ruling Increases Risk of Environmental Liability
March 23, 2010  |  Views: 17981 |  Comments: 0  | Article Rating
EU Court Ruling Increases Risk of Environmental Liability
A recent ruling in the European Court of Justice (ECJ) held that the European Union (EU) regulatory authorities can require a company to ameliorate polluted areas even without "abs...  Read More...
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January 16, 2014  |  Views: 3534
Worsening Wealth Gap Seen as Biggest Risk Facing the World in 2014
World Economic Forum Global Risks 2014 report: The chronic income gap between the rich and poor is most likely to cause damage globally in the next decade.  Read More...
January 25, 2012  |  Views: 6834
Canadian Commercial Insurance Market Conditions Stable in 2012: Marsh
Canadian commercial insurance rates are expected to remain stable across most lines of business in 2012, continuing a trend that began in the second half of 2011, according to a co...  Read More...

Contacts
George Boire

Toronto ON Canada
416 349 4791
george.boire@marsh.com