Decision details

The Council’s existing ‘Risk Management Policy, Strategy and Methodology’ has been in place since 2014. It has provided a good foundation for consistent assessment and reporting of risks across the organisation.

The refreshed Risk Management Strategy and Policy builds upon the strengths of the existing risk management regime, and moves the focus firmly onto the activity of appropriately managing risk. It provides clear guiding principles on the levels of risk that we are empowered to take (risk appetite) and the levels of risk that we actively manage and reduce. It seeks to embed risk management into our everyday thinking and decision-making.