Company environment is for every business source of risk in today's modern business conditions. It contains all the necessary input company uses to produce its outputs. Also, the environment of the company enables and confirms the success of the business operations because the same product produces the work of a particular company. Talking about the business environment, it is certainly important to point out the issue of uncertainty and risk. The uncertainty of the business environment depends on the number of participants, the number of changes and the unpredictability of these changes. The risk is defined as the likelihood of the occurrence of an adverse or adverse event that can be determined and measured, or generally, statistically modeled. Hedging or hedging risks is a hedge against the currency risk. It refers to the strategy of preventing fast and unpredictable events and price movements in markets, including oil, steel, freight, foreign currency, securities... It is similar to the insurance procedure. Also, It should be stressed that negative occurrences do not have to happen, but if they happen, hedging will alleviate them. Hedging as one of the trading strategies in futures markets is in its basic form, a process of covering or hedging the risks related to price changes. The paper analyses hedging, its types, instruments and role to reduce business risk.