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Four key standards for environmental risk management cover theminimum requirements for environmental regulatory complianceaudits, including:

• Terms and procedures for audits practiced in the U.S.

• Estimating costs and liabilities for environmental matters

• Determining the conditions warranting disclosure and thecontent of appropriate disclosure

• Measuring compliance with environmental performance standardsagainst established benchmarks

These standards focus on compliance with air, water, wasteprevention, waste management, and toxic reduction.