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A Model of Project Selection for Reducing Strategic Environmental Risks at Industrial Enterprises

A. S. Ptuskin () and E. V. Levner ()

Economics of Contemporary Russia, issue 3

Abstract: The paper considers the problem of project selection aimed at reducing environmental strategic risks at industrial enterprises. The implementation of such projects should support a correspondence between planned and actual strategic environmental performance characteristics. To identify the strategic environmental risks we propose a hierarchical structure of the environmental strategy at the enterprises. Basing on the methodology of the information -entropy approach we develop a computational procedure that allows to identify the most critical strategic environmental performance characteristics and corresponding production processes. A mathematical model of selection of risk-avoiding strategic environmental projects is developed.

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