Risk Management

Risk management offers credibility

 

Conducting a sustainability risk assessment can be a daunting prospect, and a distraction from what often seem more pressing concerns. However, deliberating over likelihood and impact scenarios with a number of colleagues can help build a solid foundation from which to innovate. This also helps to engage the business in a more familiar language and promote the sustainability agenda through a traditional channel. If positioned correctly within the business, risk profiles and registers can help give credibility to how the business manages and engages on the more pressing concerns. I would recommend embedding this within existing company risk management frameworks, providing the business with an alternative lens to understand current and future risks.