While companies face many environmental regulations and challenges that are specific to their industries, there are some best practices when it comes to managing Pollution risk that cut across all business sectors, experts say.

“The key is to evaluate the potential exposure and develop a written plan to mitigate potential impacts, starting with the most significant,” says risk-engineering expert Doug Stohlman, a Sacramento, Calif.-based regional manager at Zurich Services Corp., a unit of Zurich North America.

Exposures can be identified and evaluated through an environmental-impact statement; ASTM (formerly the American Society for Testing and Materials) Phase I and Phase II assessments; or other appraisal methods, Stohlman says. All provide the framework for developing appropriate mitigation measures.

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