Abstract: The transition to sustainable development requires
considerable investments from stakeholders, both financial and
immaterial. However, accounting for such investments often poses a
challenge, as ventures with intangible or non-financial returns remain
oblivious to conventional accounting techniques and risk assessment.
That such investments may significantly contribute to the welfare of
those affected may act as a driving force behind attempting to bridge
this gap. This gains crucial importance as investments must be also
backed by governments and administrations; entities whose budget
depends on taxpayers- contributions and whose tasks are based on
securing the welfare of their citizens. Besides economic welfare,
citizens also require social and environmental wellbeing too.
However, administrations must also safeguard that welfare is
guaranteed not only to present, but to future generations too. With
already strained budgets and the requirement of sustainable
development, governments on all levels face the double challenge of
making both of these ends meet.
Abstract: A 7-step method (with 25 sub-steps) to assess risk of
air pollutants is introduced. These steps are: pre-considerations,
sampling, statistical analysis, exposure matrix and likelihood, doseresponse
matrix and likelihood, total risk evaluation, and discussion
of findings. All mentioned words and expressions are wellunderstood;
however, almost all steps have been modified, improved,
and coupled in such a way that a comprehensive method has been
prepared. Accordingly, the SADRA (Statistical Analysis-Driven Risk
Assessment) emphasizes extensive and ongoing application of
analytical statistics in traditional risk assessment models. A Sulfur
Dioxide case study validates the claim and provides a good
illustration for this method.