Key Risk Categories
We structure our work under familiar risk categories, although for many clients these categories present both risk and opportunity. In the following paragraphs, we list the principal elements of our work in each category as means of illustrating its scope.
We often work in multiple categories simultaneously. For example, our work in developing and implementing codes of conduct tends to cover elements from all categories; reputational risk and reputation management is affected by elements in every category.
Environmental
- Strategy and policy
- Impact assessment and management
- Due diligence
- Climate change
- Energy efficiency
Ethical
- Personal integrity: gifts & entertainment, conflicts of interest, insider trading
- Commercial integrity: Competition & anti-trust, bribery & improper payments, money laundering, data privacy, political activity, accurate reporting & record keeping
- Community activity
- Social investment
- Human rights
- Transparency
Regulatory
- Anti-trust and competition
- Bribery and improper payments: The Foreign Corrupt Practices Act (FCPA) and other related regulation
- Environmental
- Money laundering
- Data privacy
- Health and Safety
- Employment
- Discrimination/Harassment
- Trade Secrets/Confidential Information
- Industry specific regulations, e.g., Healthcare, Energy
Safety
- Safety Culture
Security
- Political/Community
- Crime: against person, against property, financial, organised, terrorism
- Health
- Voluntary Principles on Security & Human Rights
Social
- Social investment programmes
- Community investment
- Local content/supply chain
- Human rights
- Social Impact
