Risk Management Policy and Strategy 2025-2028 - Version 1.1

Sep 3, 2026

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This document outlines the comprehensive Risk Management Policy and Strategy for the period 2025-2028, detailing the framework and approach to identifying, assessing, mitigating, and monitoring risks. The policy was developed by the Risk Management Strategic Lead, Tereza Fairbairn, and the Head of Strategic Policy, Jo Hobbs, and approved by key governance bodies including the Senior Leadership Team, Joint Audit and Standards Committee, Babergh Cabinet, and Mid Suffolk Cabinet. It encompasses the organization's commitment to managing risks effectively across all its operations and strategic objectives. The strategy details how the organization will approach risk management, ensuring it aligns with its overall strategic goals and operational resilience. It emphasizes a proactive and integrated approach to risk management, aiming to protect assets, enhance decision-making, and ensure the achievement of its mission. This updated version, Version 1.1, includes a new paragraph under Risk Reporting that further clarifies the management processes for risks that fall outside the established appetite. The document serves as a guide for all personnel in understanding and implementing risk management principles and procedures throughout the organization.

LanguageEnglish

CategoryGeneral

FormatPDF

Pages29

Reading Time10 min

AccessFree to download

Risk Management Policy and Strategy 2025-2028

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FAQs

What is the effective period for this Risk Management Policy and Strategy?

The Risk Management Policy and Strategy is effective for the period from 2025 to 2028.

Who are the authors of this policy and strategy document?

The document was authored by Tereza Fairbairn, Risk Management Strategic Lead, and Jo Hobbs, Head of Strategic Policy.

Which governing bodies approved this policy and strategy?

The policy and strategy were approved by the Senior Leadership Team, Joint Audit and Standards Committee, Babergh Cabinet, and Mid Suffolk Cabinet.

Sep 3, 2026

Upload by Connor