Risk Management “Fuels” Sustainability

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“Without effective fire protection systems,” the report states Economics, “the risk of fire increases the carbon emissions by [1 to 2 percent] over the life cycle of a standard building, and can add up to 14 percent to the carbon emissions over the lifetime of a facility exposed to extensive fire hazards.”

This is fascinating information to factor into a more precise analysis of risk-management investments.

In addition to demonstrating a promising link between traditional risk management and innovative corporate sustainability, the report also marks the first time in FM Global’s 174-year history that the company is making its technical research available directly to the public. Previously, all of FM Global’s technical research was considered proprietary information and kept confidential. ###

I’ve been researching the integration of risk management and performance management recently. Well, here’s another interesting, valuable, and scientifically validated disciplinary intersection: risk management and corporate sustainability.

A new report from FM Global, “The Influence of Risk Factors on Sustainable Development,” contains research that shows how certain risk management systems (e.g., fire protection systems within large industrial buildings) can (over the lifetime of these buildings) help reduce carbon emissions.

The report is available Economics, in exchange for your contact information, here.

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