Societal risks | Managerial risks | |
---|---|---|
Hazards | A wide range of scenarios including ash fall, lavaflows, lahars, earthquakes, pyroclastic flows etc. that represent volcanic hazards. Each societal hazard can be characterised by dynamic temporal, physical and spatial parameters. | The governance of the societal risks of volcanic hazards. |
Managerial hazards have dynamic parameters related to active regulation/scrutiny: | ||
• Temporal (frequency) | ||
• Spatial (reach) | ||
• Intensity (nature & degree) | ||
Exposure | People and assets within the spatial boundaries ofthe hazard in question. | Entities and individuals who are duty holders in law in respect of the governance of societal risks. |
Vulnerability | The susceptibility of the exposed people/assets to the physical characteristics of the volcanic hazardin question and the resulting consequences (i.e. death, injury or damage). | Any situation which represents a failure to fulfil a societal risk duty of care (a non-compliance) and the consequences of non-compliance including, but not limited to, ‘naming-and-shaming’, public scrutiny and criminal & civil law sanctions. |