FERMA executive director Florence Bindelle said: “As in previous years, FERMA is pleased to have been selected among the partners of the EU-OSHA campaign to improve workplace health and safety. We are aware of the positive effects that tackling psychosocial risks can have on overall business performance, particularly long-term sustainability and social responsibility. Some FERMA members have launched initiatives to work closely with human resources directors to define risk indicators.” Continue reading
Monthly Archives: June 2014
Attention to supply chain risk management is critical for multinational corporations, as the Thai floods and Japan earthquake and tsunami of 2011 demonstrated.
Climate change will bring about a transformation in business as companies seek to manage hazards we expect will intensify and become less predictable. Yet companies that take only a defensive position are likely to lose out to those that see opportunities to help reduce the adverse effects of climate change and allow us to adapt to a climate-changed world. Continue reading
AGERS XXV Spanish Risk Management and Insurance Congress has been held in Madrid, commemorating the Association’s 30th anniversary. The event marked three decades of AGERS’ work in spreading the word on risk culture, devising risk mitigation systems and supporting the implementation of high quality risk management into businesses of all types. Continue reading
Basel II defines operational risk as the risk of loss resulting from inadequate or failed processes, people and systems or from external events. This definition includes legal risk but excludes strategic and reputational risk.
The operational risk concept embraces many different elements and dimensions. Risks attached to systems and processes are tangible, easier to quantify and easier to attach a risk owner with accountability and authority to manage these risks. Continue reading
In order to increase reponses figures and to have relevant information at national level, the 7th edition of the FERMA Risk Management Benchmarking Survey 2014 has been extended to Friday 20 June Continue reading