The rising cost of "bad practice"
Environmental risk is frequently at the top of the risk manager's agenda. But what are the consequences of ignoring these threats? In addition to the immediate effect on the bottom line, and longer-term damage to company brand, there is the potentially spiralling cost of fines.
This CIR Special Report looks at a recent case where a company was fined £700,000 and this sum was upheld on appeal. It examines the impact of the new UK Sentencing Council guidelines and it explains why a recent European Parliament decision could affect 6,000 companies.