M-Risk Blog 

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Compliance

ISA Intercolombia

How ISA INTERCOLOMBIA Optimized Compliance with Environmental and Social Commitments using M-Risk Software

ISA INTERCOLOMBIA is a public utility company in Colombia, dedicated to high-voltage electricity transmission. In fulfilling its objectives, ISA must efficiently and transparently manage numerous environmental and social aspects for both its existing network and new projects.

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Voluntary Environmental Commitments

Effective management of voluntary commitments: Beyond mandatory regulation

When developing projects that may have an effect on the environment, companies in Chile submit their projects and their mitigation, compensation, or remediation measures for environmental impacts to an evaluation process in which the authority verifies their environmental viability. To enter this process, companies submit an Environmental Impact Statement (DIA in Spanish) or an Environmental Impact Assessment (EIA).   

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Gestión digital de permisos

Avoid these common mistakes in environmental permitting and licensing with an efficient digital management system

Processing an environmental license can be a complicated and tedious process for any project. In 2021 alone, 936 projects were submitted for environmental assessment in Chile and only 521 of them were approved. The annual approval rate of 55% is similar in the rest of Latin America. Many of these rejected projects had problems obtaining permits, a highly influential factor in the success of a project. 

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Aquaculture

The aquaculture industry's path to integrated management

Chile is the second-largest producer of salmon in the world after Norway, concentrating 26% of world production. In 2020, the Latin American country harvested 1,043,144 tons according to the Chilean Salmon Council. Maintaining production of this scale in a meticulous manner requires an ecosystemic approach that includes the management of industrial waste, involvement with the communities in the areas of influence, and proper management of legal responsibilities.

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