Board guidance on risk appetite

May 2020

Risk appetite, defined as ‘the amount and type of risk that an organisation is prepared to pursue, retain or take’ in pursuit of its strategic objectives, is key to achieving effective risk management. It represents a balance between the potential benefits of innovation and the threats that change inevitably brings, and therefore should be at the heart of an organisation’s risk management strategy – and indeed its overarching strategy.

Download publication

Share this post: