How should a risk officer feel about taking risk? What is the ideal ‘risk attitude’?
Finance and Accounting
The standard definition of risk appetite is “the amount of risk you are willing to take in the pursuit of objectives”.
Operational controls in an environmental management system (EMS) reduce the risk that the organization will not achieve its environmental objectives. Operational controls are the processes that management implements to provide reasonable assurances that the organization will achieve its environmental objectives.