Lloyds Banking Group’s risk overview effectively presents the fundamental links between the risk assessment process, strategic planning, mitigation and sustainable value growth. It begins by stating that the business sees the risk management as a differentiator, which demonstrates the importance of the matter. A description is provided of how the organisation’s governance structure accounts for…
Archives
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Risks and opportunities
Implats uses a table to concisely, and in a connected manner, present information on its top risks and opportunities. The table headings include: description of risk, value impact, mitigating actions, outlook and then links each risk to the corresponding strategic objective and KPI.
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Risks and opportunities
Gold Fields identifies the top 15 group risks and opportunities and includes these on heat map on pg 9, as identified from the company’s risk management process. Each of these risks is considered alongside the mitigating strategies. Interestingly, Gold Fields also provides information of mitigating strategies for the top 5 risks and opportunities for each…
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Risks and opportunities
Exxaro shows a somewhat unique and comprehensive approach to the company’s risk and opportunities disclosure. The diagrams on pg 54-55 demonstrate what processes are in place to enable the risk and opportunities management process in a layered approach. There is a separate section outlining key opportunities, linking these back to Exxaro’s strategy. Trends for the…
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Risks and opportunities
In order to describe its materiality analysis, Stafer Integrated Report 2016 uses both narratives, a table and a graph. In line with para 3.18 of the International <IR> Framework, the materiality determination process includes steps from the identification of the relevant matters to the determination of the information to disclose through evaluation and prioritization. As…
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Risks and opportunities
In its 2016 Integrated Report Arguden Governance Academy concisely represents how it manages its risks and opportunities. In a table the specific risks (both external and internal) that can affect its ability to create value in the short, medium and long term, as well the time-frame of their occurrence and how they are managed is…
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Risks and opportunities
In order to illustrate “the organization’s assessment of the likelihood that the risk or opportunity will come to fruition and the magnitude of its effect if it does” (International <IR> Framework, para. 4.25), in its Annual Report 2016 Fresnillo, through a table and through narratives, how it manages its risks. In particular, for each risk…
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Risks and opportunities
As aligned with the view that “an integrated report identifies the key risks and opportunities that are specific to the organization” (International <IR> Framework, para. 4.24) and that the organisation should assess their likelihood, magnitude and impacts (International <IR> Framework, para. 4.25) , in the section on “Risks and opportunities, assurance and controls” of its…
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Risks and opportunities
Waco International’s 2016 Integrated Report shows alignment with the <IR> Framework’s guiding principles of materiality (3D) and connectivity of information (3B) when discussing risks and opportunities. The material matters discussion, including a matrix and tables, discloses information about matters that substantively affect the organisation’s ability to create value (as called for by 3.17 of the…
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Risks and opportunities
York Timbers’ principal risks discussion presents information in a concise (3E of the <IR> Framework) yet informative manner by using succinct bullet points. After initially presenting risks in a risk heat matrix, detailed tables take readers through a number of additional aspects. Each of the key risks is initially described, with icons then indicating whether…