Risk Assessment/Auditing
Risk Assessment & Environmental Auditing
Identifying, Ranking, and Reducing Environmental Risk Across Your Organization
Environmental risk rarely appears in isolation and when it is not properly identified or prioritized, it can quietly compound into compliance failures, enforcement actions, and operational disruption.
Environmental compliance risk is often under-evaluated or inconsistently assessed across facilities, regulatory media, or business units. Odyssey brings a proven, structured approach to environmental risk assessment and environmental auditing, helping organizations clearly understand where risk exists and where mitigation efforts should be focused.
Our assessments and audits translate complex regulatory requirements into clear, actionable risk profiles, supporting informed decision-making, defensible compliance programs, and long-term risk reduction.
Related Services:
→ Environmental Compliance Services
→ EHS Auditing Services
What Our Risk & Auditing Services Deliver
A structured risk and auditing program provides:
- Clear visibility into environmental compliance risk
- Prioritized risk rankings aligned with regulatory exposure
- Consistent evaluation across facilities and portfolios
- Early identification of gaps before violations occur
- Practical recommendations that support real-world operations
From single facilities to enterprise-wide programs, Odyssey helps clients understand where risk exists, why it matters, and how to address it.
Common Risk Assessment & Auditing Services
General Environmental Risk Assessments
Holistic environmental risk assessments evaluating compliance exposure across air, water, waste, and land-based obligations, establishing a comprehensive regulatory risk baseline.
Related Expertise:
→ Environmental Compliance Services
Industry-Specific Risk Assessments
Targeted regulatory risk assessments tailored to the operational realities and enforcement trends of specific industries, ensuring findings are relevant, defensible, and actionable.
Media-Specific Environmental Risk Assessments
Focused evaluations of individual regulatory media, such as air emissions, wastewater, stormwater, or waste management to identify high-risk compliance gaps.
Related Service:
→ Hazardous, Solid, and Universal Waste Management
Environmental Auditing
Independent environmental auditing services to assess compliance with applicable regulations, permits, and internal policies. Audits include document review, site inspections, and interviews to verify compliance status and identify potential violations.
External Authority:
Environmental audits are commonly aligned with federal and state regulatory frameworks administered by the U.S. Environmental Protection Agency (EPA).
Audit Corrective Action Support
Development, prioritization, and tracking of environmental audit findings and corrective action plans helping organizations close gaps, document progress, and reduce future compliance risk.
Risk Management for Idled & Non-Operational Sites
Environmental risk does not disappear when operations pause or facilities shut down. Idled or non-operational sites can present elevated compliance and liability exposure if not properly managed.
Odyssey integrates environmental auditing and risk assessment with broader stabilization efforts to help organizations manage risk during shutdown periods and prepare sites for future divestiture or redevelopment.
Related Service:
→ Environmental Stabilization Services
How Risk Assessment Supports Due Diligence
Environmental risk assessments and audits are often a critical input to transactional decision-making. Identifying compliance gaps and enforcement exposure early supports informed negotiations and reduces post-closing surprises.
Odyssey supports buyers, sellers, and investors by evaluating environmental risk in transactions and aligning findings with due diligence and post-closing risk management strategies.
Related Service:
→ Due Diligence Services
Why Odyssey’s Risk Approach Is Different
- Risk-based methodology grounded in regulatory enforcement trends
- Practical, prioritized findings not overwhelming checklists
- Clear scoring and compliance risk ranking to guide decisions
- Experience supporting audits across multiple jurisdictions
We help organizations move from reactive compliance to proactive, strategic risk management.
Frequently Asked Questions
Why Odyssey’s Risk Approach Is Different
Odyssey’s risk assessment and auditing services align with:
- S. Environmental Protection Agency (EPA) compliance and enforcement frameworks
- Federal and state environmental permitting requirements
- Industry best practices for environmental auditing and risk management
This alignment ensures assessments are credible, regulator-ready, and defensible.
Understand Your Environmental Risk Before Regulators Do.
Partner with Odyssey to assess, prioritize, and reduce environmental compliance risk with confidence.
Odyssey Provides Your Business with the Solutions and Expertise Needed to Successfully Address Environmental, Health, & Safety Regulatory Compliance
Odyssey EHS Strategies, a wholly-owned subsidiary of Wetlands Unlimited, was created to further diversify the support offerings of the Wetlands Unlimited family of companies by delivering best-in-class environmental, health and safety, and industrial hygiene consulting services. The Odyssey team draws from a combined 100+ years of experience to creatively solve unique challenges in the marketplace. Odyssey’s roots are in the wood products, pulp and paper, mining, oil and gas, and manufacturing sectors…and our roots run deep.