Risk Management: from risks to opportunities

What are the benefits?

Risk management helps organizations identify threats early, mitigate impact, and speed up remediation processes. It is not only a matter of complying with laws and regulations, however also creating a robust organization that is prepared for the future. By approaching risks integrally, through cooperation between all departments within your company, you build long-term value creation. This applies to both physical risks such as natural disasters (floods, forest fires, etc.) and transition risks such as a changing market or adapted laws and regulations. For more specific information regarding these risks, please see our page climate & nature.

Our approach

Managing risks requires a structured approach. Organizations that want to increase their resilience usually go through three steps:

• Risk analysis: Identify all relevant risks and opportunities, from physical climate risks to cyber threats and so on. The materiality determination forms the basis for an effective strategy. Based on this, a choice can be made to accept, insure, manage or transform risks.
• Appropriate measures: Develop and implement technical, organizational, and operational measures to prevent incidents and mitigate the consequences. Think of climate adaptation or agreements with chain partners.
• Monitoring & reporting: Set up processes to quickly identify and evaluate incidents and deviations. This way your organization continues to improve.

Thanks to our multidisciplinary teams, we combine expertise in sustainability, risk and IT, among others. In this way, we offer an integrated approach that is in line with (inter)national guidelines. It goes beyond compliance. We support you with the development of Enterprise Risk Management (ERM) systems, climate risk analyses and advice on climate adaptation and IT and risk management audits.