What is a Risk Appetite Statement

    A Risk Appetite Statement sets out the amount and type of risk Council is willing to accept to meet strategic and operations objectives.

    What are the risks that are referred to in the draft Policy?

    The Enterprise Risk Management Policy supports the management of enterprise-wide risks at all levels and embeds risk management into day-to-day activities.

    These risks are categorised as:

    • Financial
    • Governance and Reputation
    • Environmental
    • Legal and Regulatory
    • Service Delivery
    • People