Environmental Auditing is an independent assessment performed by different organisations to ensure that they are complying with the Environmental Policies. It examines the amount of risk or injury or actual harm caused and determines the types of Pollution produced by assessing the range of locations, procedures and activities.
This Auditing procedure is a pragmatic management tool that helps an industry or organisation verify compliance with environmental norms or requirements, evaluate the effectiveness of the environmental management system, assess risks, and identify and correct environmental hazards.
It is the examination of accounts of revenues and costs of environmental and natural resources, their estimation, depreciation and natural resources, their estimation depreciations and values recorded in the books of accounts.
The Auditing procedure represents the evaluation of utilisation of raw materials, products and utilities as well as adequate maintenance of the Environmental Management System and its efficient operation towards the implementation of environmental laws in an independent, transparent and systematic order. There are several cases where the Environmental Audit has not only helped in reducing pollution in the industry sector but also helped in improving their bottom line.