Risk Management & Safety
What is a risk? The perception of a risk depends on the business, laws, local culture and even subjective views. When it comes to sustainability, the realization of a risk can range from fatal chemical accidents to a journalist asking a tricky question.
Managing risks starts from recognizing them. It takes time and effort but is critical in reducing risks to your business. Risk assessments should guide your decisions and influence your way of working – to keep your business running clean and safe.
Our solutions can be tailored to match your organization and beyond; your supply chain and stakeholders can have an influence on your safety and profitability. We use standard tools and also develop new methods. Working for clients in several industries and in the public sector enables the transfer of best practices across industries.
Compliance to official requirements is the starting point of our services. By introducing continuous learning and risk reduction, we contribute to risk management efficiency, product innovations and public image. In a deeper partnership, we can together create value for your organization, its people, society and the environment.
Partner up with us if your needs relate to:
- Business and Continuity
- Risk Management Development in Public Organizations
- Land Use planning and Major Accident Hazards
- Climate change mitigation
- Safety management systems
- Chemical risks
- Risk management as a part of responsibility
- Environmental risk assessment and environmental permits
- Preparedness Planning
- Risks of critical infrastructures
- Risk Strategies and Cost of Risk and ERM systems
Extreme weather’s impact on critical infrastructures
Climate change causes extreme weather events and disasters. The damage they have caused has increased in recent years. Gaia, in collaboration with the Finnish Meteorological Institute, has developed a method to identify vulnerabilities of infrastructures critical to society. In addition to vulnerability, the method assesses the likely health, environmental and financial consequences. The essential infrastructures include energy and water systems, information technology and communication systems as well as transportation systems. The method also identifies cost-efficient measures to tackle the assessed vulnerabilities. The work was commissioned by the National Emergency Supply Agency of Finland.
Criteria for chemical hazards on railways
We developed criteria for major accident hazards on rail marshalling yards in Finland. The Ministry of the Environment commissioned it to define a common approach for land-use planning in 2011. This included assessing the distance from the yard, where it is mandatory for land-use planners to take into consideration possible major accidents as well as analysis of common accident types and the severity of possible outcomes at different distances. The technical analysis was complemented by a policy and procedure analysis, describing the required procedures the land-use planner needs to adhere to. Our job was also to ensure that the legal framework was woven into the process, and to hear all the different stakeholders from land-use planners to rescue services. As a result, land-use planners now have clear criteria for the correct procedures.
Fostering emerging technologies in the EU
The European Union’s regulatory framework is technology-neutral and forward-looking. However, in some areas it may result in a lack of private investments in early technologies. Gaia was commissioned by DG Enterprise and Industry to study how EU legislation fosters the development, commercialization and rapid time-to-market of emerging technology products. We particularly analyzed how emerging technologies can be smoothly and effectively introduced to the market within the given legislative framework, and whether the legislative framework can capture specific issues potentially raised by a new technology. Project website
Chemical leasing business model
UNIDO, the United Nations Industrial Development Organisation, has internationally awarded Gaia and its client Cabot Specialty Fluids for developing an innovative business model: chemical leasing. Chemical leasing is a true win-win business model: it has a large potential to save the chemical user’s money, and it actively promotes a more sustainable use of chemicals. Gaia helped Cabot to identify and quantify the potential benefits its product has for health, safety and the environment. We applied these potentials to a practical cost evaluation model, BrineWise™. Gaia developed the tool to help Cabot’s clients to make enlightened and informed decisions.