56 Risk Management - Corporate Risk Register Update PDF 258 KB
This report updates councillors on the position of the council’s Corporate Risk Register. The main updates are as follows:
· CR14 – Continuity of Public Health arrangements for health protection – The risk has been removed from the Corporate Risk Register;
· No new risks were added.
Material updates for this quarter are outlined in sections 9 to 14.
Additional documents:
Minutes:
The Risk and Insurance Manager presented an update report on the Corporate Risk Register, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'C' to these Minutes in the Minute Book.
The material updates for Quarter 3, 2023/24, were outlined in sections 9 to 14 of the report, the main one being the removal from the Corporate Risk Register of CR14 – Continuity of Public Health arrangements for health protection. It was noted that no new risks were added. The Risk and Insurance Manager provided a summary of the risk management process and explained the role of Corporate Management Board (CMB) in reviewing director level risk registers. It was noted that there was now a further layer to the review process focussing on dynamic risk.
The Committee was assured that the next quarterly report would include all information which it had not been possible to incorporate into this report due to deadlines. A number of queries had been raised in advance of the meeting and the Committee was assured that these would be addressed and responded to. The Risk and Insurance Manager agreed to review the order of risks in the dashboard at Appendix 3 to put the highest scoring risks first. Attention was drawn to risk CR20 ‘Adaptation and mitigation of the negative impacts of climate change including sea level rises and weather pattern changes on BCP’s communities’ and officers were asked how this risk was being escalated, bearing in mind it was the highest scoring risk and its overarching impact on all other risks. The Committee was advised that once the Corporate Strategy was approved, the Corporate Risk Register would be fundamentally reviewed with risks being re-aligned as necessary. It was agreed to include a specific update on CR20 in the next quarterly report.
RESOLVED that the update provided in this report relating to corporate risks be noted.
Voting: Unanimous