centre. Heritage at Risk In July 2008 English Heritage replaced the Buildings at RiskRegister with the new Heritage at Risk Heritage at RiskRegister . In addition to historic buildings at risk, the Heritage at RiskRegister includes England s most important archaeological sites, its registered ... to save it from collapse and return it to full use Buildings at Risk Registers exist in several areas of the United Kingdom . The term refers to buildings or structures which are at risk due to neglect or decay. England In England , the government organisation English Heritage maintains an At RiskRegister of Grade I and Grade II listed building s. Scheduled Monument Scheduled ancient monument s at risk are also included on the register along with Grade II listed buildings in London . English Heritage published its first national Buildings at Riskregister in 1998. The English 2004 edition includes 1,300 entries. The 2007 register included 1,235 buildings and structures of these the 16 ... at Risk? ref An updated survey, listing the buildings at risk in England, is published annually by English Heritage each autumn. The register s database can be searched online. Scotland A similar Register is compiled and maintained by the Scottish Civic Trust . There are around 1000 buildings at risk currently on the register. References reflist See also Heritage at Risk List of Restoration candidates External links http www.english heritage.org.uk server show nav.1424 Heritage at Risk , English Heritage http www.flickr.com groups buildingsatrisk English Heritage Buildings at Risk group at Flickr http www.buildingsatrisk.org.uk Buildings at RiskRegister for Scotland , Scottish Civic Trust Category Buildings and structures in England Category English Heritage Category Buildings on the Buildings at RiskRegister Category Heritage registers in the United Kingdom Category Scottish architecture Category Buildings and structures in Scotland england stub ... more details
Expert subject Business date June 2008 A RiskRegister is a Risk Management tool commonly used in Project Management and organisational risk assessments. It acts as a central repository for all risks identified by the project or organisation and, for each risk, includes information such as risk probability, impact, counter measures, risk owner and so on. It can sometimes be referred to as a Risk Log for example in PRINCE2 . Example contents A wide range of suggested contents for a riskregister exist ... In a qualitative riskregister descriptive terms are used for example a risk might have a High impact and a Medium probability. In a quantitative riskregister the descriptions are enumerated for example a risk might have a 1m impact and a 50 probability. Contingent response the actions to be taken should the risk event actually occur. Contingency the budget allocated to the contingent response Trigger an event that itself results in the risk event occurring for example the risk event might be flooding and heavy rainfall the trigger See also Risk Event chain methodology Risk Breakdown Structure Risk management tools Issue log References reflist Further reading cite book author Tom Kendrick year ... RiskRegister Category Project management pl Rejestr Ryzyka ... among others. In addition many companies provide software tools that act as risk registers. Typically a riskregister contains A description of the risk The impact should this event actually occur The probability of its occurrence Risk Score the multiplication of Probability and Impact A summary ... to reduce the probability and or impact of the event The risks are often ranked by Risk Score so as to highlight the highest priority risks to all involved. Example RiskRegister in table format RiskRegister for project birthday party class wikitable border 1 Risk Category Risk Name Risk Number Probability 1 3 Impact 1 3 Risk Score Mitigation Contingency Action By Action When Guests The guests ... more details
The National RiskRegister is a report released by the Cabinet Office in August 2008 as part of the National Security Strategy of the United Kingdom British government s National Security Strategy . It provides an official government assessment of significant potential risks to the United Kingdom . The National RiskRegister divides risks into three main categories natural events, major accidents and malicious attacks. It evaluates a number of risks under each of these headings, rated by relative impact and relative likelihood, and discusses the measures currently in place to deal with each of these. It also discusses measures that can be put in place by both individuals and organizations to mitigate the effects of civil disuption. External links http www.cabinetoffice.gov.uk reports national risk register.aspx Category Risk Category National security UK gov stub ... more details
RE3.3 Understand IT capabilities RE3.4 Update risk scenario components RE3.5 Maintain the IT riskregister ...Cleanup date January 2011 notability date November 2011 Risk IT provides an end to end, comprehensive view of all risk s related to the use of Information technology IT and a similarly thorough treatment of risk management, from the tone and culture at the top, to operational issues. Risk IT was published ... FW 18Nov09 Research.pdf ISACA THE RISK IT FRAMEWORK registration required ref It is the result of a work ... such as IBM , PricewaterhouseCoopers , Risk Management Insight , Swiss Life , and KPMG . Definition IT risk is a part of business risk specifically, the business risk associated with the use, ownership ... Management of business risk is an essential component of the responsible administration of any organization. Due to IT s importance to the overall business, IT risk should be treated like other key business risks. The Risk IT framework ref name RITF explains IT risk and enables users to Integrate the management of IT risk with the overall Enterprise risk management ERM Compare assessed IT risk with risk appetite and risk tolerance of the organization Understand how to manage the risk IT risk ... issue of IT department. IT risk can be categorised in different ways IT Benefit Value enabler risks ... business i.e. the risk of over budget or late delivery or not delivery at all of these projects ... of IT that can bring issues, inefficiency to the business operations of an organization The Risk IT framework is based on the principles of enterprise risk management standards frameworks such as COSO ERM and ISO 31000 . In this way IT risk could be understood by upper management. Risk IT principles Risk IT is built around the following principles ref name RITF always align with business objectives align the IT risk management with ERM balance the costs and benefits of IT risk management promote ... accountability are a continuous process and part of daily activities IT risk communication ... more details
Risk neutral measure Risk perception Riskregister Sampling risk Security risk Systemic risk Threat ...Other uses Expert subject multiple Philosophy Economics Sociology type article date December 2011 Risk ... some risk, but some are much more risky than others. File 3 Alarm Building Fire.jpg thumb Firefighters ... in English in the spelling of risque as from 1621, and the spelling as risk from 1655. It defines risk as blockquote Exposure to the possibility of loss, injury, or other adverse or unwelcome circumstance ... For the sociologist Niklas Luhmann the term risk is a neologism that appeared with the transition ... and North African Arab traders. In the English language the term risk appeared only in the 17th century, and seems to be imported from continental Europe. ref name Luhm96 3 When the terminology of risk ... The scientific approach to risk entered finance in the 1960s with the advent of the capital asset ... States Environmental Protection Agency . Definitions of risk ISO31000 2009 Risk Management Standard The ISO 31000 2009 ISO Guide 73 2002 definition of risk is the effect of uncertainty on objectives .... Many definitions of risk exist in common usage, however this definition was developed by an international ... subject matter experts. Other definitions of risk The many inconsistent and ambiguous meanings attached to risk lead to widespread confusion and also mean that very different approaches to risk management are taken in different fields. ref Douglas Hubbard The Failure of Risk Management Why It s Broken and How to Fix It , John Wiley & Sons, 2009. ref For example ref E.g. Risk is the unwanted subset of a set of uncertain outcomes. Cornelius Keating . ref Risk can be seen as relating to the Probability ... Risk , risk is ref name FAIRW http www.riskmanagementinsight.com media docs FAIR introduction.pdf An Introduction to Factor Analysis of Information Risk FAIR , Risk Management Insight LLC, November ... is used by The Open Group . ref name OGC081 Technical Standard Risk Taxonomy ISBN 1 931624 ... more details
Information technology risk , or IT risk , IT related risk , is any risk related to information technology ... speaking, risk is the product of the likelihood of event occurring and the impact that event would have on an information technology asset, i.e. Risk Likelihood Impact. ref Risk is a combination ... and the asset s value to its stakeholders. Thus, IT risk can be expanded to Risk Threat Vulnerability ... 2009 publisher Elsevier Inc isbn 978 0 12 374354 1 page 232 chapter Chapter 14 ref Because RiskRisk as a vector quantity risk is strictly tied to uncertainty, Decision theory should be applied to manage risk as a science, i.e. rationally making choices under uncertainty. Definitions Definitions of IT risk come from different but authoritative sources. ISO IT risk the potential that a given threat ... Security techniques Information security risk management ISO IEC FIDIS 27005 2008 ref Committee ... States of America defined risk in different documents From CNSS Instruction No. 4009 dated 26 April ... 26 April 2010 ref the basic and more technical focused definition Risk Possibility that a particular ... aspect, quite similar to NIST SP 800 30 one Risk A combination of the likelihood that a threat ... risk in the IT field as ref http niatec.info Glossary.aspx?term 4253&alpha R NIATEC Glossary of terms ... or the vulnerability reduces the risk. The uncertainty of loss expressed in terms of probability ... define risk in IT context in different publications FISMApedia ref http fismapedia.org index.php a wiki project devoted to FISMA ref term ref http fismapedia.org index.php?title Term Risk FISMApedia Risk term ref provide a list. Between them According to NIST SP 800 30 ref name SP80030 http csrc.nist.gov publications nistpubs 800 30 sp800 30.pdf NIST SP 800 30 Risk Management Guide for Information Technology Systems ref Risk is a function of the likelihood of a given threat source s exercising ... ref Risk The level of impact on organizational operations including mission, functions, image ... more details
Infobox Film name At Risk image caption director Elana K. Pyle writer Elana K. Pyle br David E. Pyle starring Elana K Plye br Kim Myers Kim Meyers br Daniel McDonald actor Daniel McDonald br Vince Vaughn producer Kari Nevil br David E. Pyle music Kevin Hedges cinematography David Scardina editing James Philip Curtis br Robert Grahamjones distributor released 1994 runtime 95 min country Film US language English budget At Risk is a 1994 film about a woman name Lara, after spending a year in Mexico unsuccessfully trying to save her marriage to Steven, returns to the U.S. to find Max, her lover in this AIDS cautionary tale. Starring Elana K. Pyle as Lara Wade Daniel McDonald actor Daniel McDonald as Steven Wade Kim Myers Kim Meyers as Jennifer Rich Vince Vaughn as Max Nolan Shirley Anne Field as Mrs. Nolan Randy Travis as Ellison Matthew Flint as Mark References reflist External links IMDb title 0109165 Amg movie 133955 http movies.yahoo.com movie 1809402653 info At Risk 1994 at Yahoo Movies Category 1994 films Category American films Category Romantic drama films Category English language films Category Independent films indie film stub ... more details
authorities to carry out surveys of listed buildings to identify which were are risk. Ipswich Borough Council has continued to maintain its buildings at riskregister since 1987. ref cite web url http www.ipswich.gov.uk site scripts documents info.php?documentID 115 title Buildings at Risk accessdate 17 October 2011 ref SAVE Britain s Heritage SAVE has compiled a register of buildings at risk since 1989. ref http www.savebritainsheritage.org ref English Heritage published its first Register of Buildings at Risk in London in 1991. It only included listed buildings in London. This was followed by publication of the national Buildings at Risk sample survey in 1992. The Buildings at RiskRegister ... 2 June 2011 ref Buildings at RiskRegister for Scotland is maintained by the Royal Commission ... an online Register of Buildings at Risk in Northern Ireland, in conjunction with the Northern ... at Risk survey and register DEFAULTSORT Heritage At Risk Category Buildings and structures in England Category English Heritage Category Buildings on the Buildings at RiskRegister Category Heritage ... as Listed Buildings, Scheduled Monuments, etc. that are at risk as a result of neglect, decay or inappropriate ... of decay or loss. What is included? The Heritage at RiskRegister covers Grade I and II listed building s the baseline register is 1999 Grade II listed buildings in London only the baseline ... of each designated asset type at risk. The number of additions and assets removed from the Register ..., asset type and condition. Many English planning authorities publish their own Heritage at Risk or Buildings ... http www.english heritage.org.uk caring heritage at risk types buildings at risk local authority ... Pages Heritage At Risk Register.aspx title Heritage at RiskRegister accessdate 2 June 2011 ref Origins of the survey Heritage at Risk initially focussed on buildings. English Heritage developed a methodology ... listed buildings are at risk 16.9 3,339 of England s 19,748 scheduled monuments are at risk 6.4 ... more details
Systems Risk Management Programme Risk management tools Riskregister Roy s safety first criterion ...Dablink For non business risks, see risk , and the disambiguation page risk analysis howto date July 2009 File ISS impact risk.jpg thumb 320px Example of risk management A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment, and prioritization of risk s defined in ISO 31000 as the effect of uncertainty on objectives ..., monitor, and control the probability and or impact of unfortunate events ref name Risk Management pg. 46 cite book first Douglas last Hubbard title The Failure of Risk Management Why It s Broken ... phase in design, development, production, or sustainment life cycles , legal liabilities, credit risk ..., or events of uncertain or unpredictable Root cause root cause . Several risk management standards ... 73 2009 title Risk management Vocabulary publisher International Organization for Standardization ... ref ref name iso cite book author ISO DIS 31000 title Risk management Principles and guidelines on implementation ... vary widely according to whether the risk management method is in the context of project management, security, Risk analysis engineering engineering , industrial processes, financial portfolios, actuarial assessments, or public health and safety. The strategies to manage risk typically include transferring the risk to another party, avoiding the risk, reducing the negative effect or probability of the risk, or even accepting some or all of the potential or actual consequences of a particular risk. Certain aspects of many of the risk management standards have come under criticism for having no measurable improvement on risk, whether the confidence in estimates and decisions seem to increase. ref name Risk Management pg. 46 TOC limit 3 Introduction This section provides an introduction to the principles of risk management. The vocabulary of risk management is defined in ISO Guide 73 ... more details
for structural strengthening of buildings, or other risk reduction measures such as emergency planning. In calculating the risk of each facility in the portfolio , potential life safety and economic ... prevent hazus . While the results can be used as a general measure of seismic risk for types of buildings, the actual seismic risk for any individual building may vary considerably and will depend upon ... codes are intended to help to manage seismic risk and are updated as more is learned about the effects of seismic ground motion on buildings. However, the changes generally do not immediately improve seismic risk in a community since existing buildings are rarely required to be upgraded to meet ...Main Earthquake engineering Seismic risk uses the results of a seismic hazard analysis, and includes both consequence and probability. Seismic risk has been defined, for most management purposes, as the potential ... located in a region of high seismic hazard is at lower risk if it is built to sound seismic ..., in a brick building located on fill subject to liquifaction can be as high or higher risk. A special subset is urban seismic risk which looks at the specific issues of cities. Risk determination ... of seismic risk The determination of seismic risk is the foundation for risk mitigation decision making, a key step in risk management. Large corporations and other enterprises e.g., local ... power systems are also considered. Insurance companies routinely employ estimates of seismic risk in their operations ... in a small area, and to purchase reinsurance. A simplified method of calculating seismic risk for a given .... Seismic risk is often determined using a seismic modeling computer programs which uses the seismic ..., such as buildings, bridges, electrical power switching stations, etc. The result gives probabilities ... building or facility is one of the most expensive and daunting aspects of seismic risk estimation. Progress .... http fire.nist.gov bfrlpubs build98 PDF b98106.pdf Reduction of seismic risk Seismic risk ... more details
be documented in a riskregister During risk estimation there are generally three values of a given ... Risk IT Riskregister Secure coding Security controls Security control Security policy Security ...THIS ARTICLE IS THE RESULT THE SPLIT OF IT risk ARTICLE IN PIECES PLEASE NOTE THAT PARTS OF THIS ARTICLE ... File Risk Management Elements.jpg thumb Risk Management Elements File Osa metamodel v003.png thumb Relationships between IT security entity The IT risk management is the application of risk management to Information technology context in order to manage IT risk , i.e. The business risk associated ... transclusion onlyinclude IT risk management can be considered a component of a wider Enterprise risk ... FW 18Nov09 Research.pdf ISACA THE RISK IT FRAMEWORK registration required ref The establishment, maintenance ... of information security risks. ref name ENISAFULL http www.enisa.europa.eu act rm cr risk management inventory files deliverables risk management principles and inventories for risk management risk assessment methods and tools at download fullReport Enisa Risk management, Risk assessment inventory ... lastauthoramp ref onlyinclude transclusion END HERE BUT FOLLOWS According to Risk IT , ref name ... risk associated to missing opportunities to use technology to enable or enhance business or the IT project ... RiskRisk as a vector quantity risk is strictly tied to uncertainty, Decision theory should be applied to manage risk as a science, i.e. rationally making choices under uncertainty. Generally speaking, risk is the product of likelihood times result impact Risk Likelihood Impact . ref Risk is a combination ... of a IT risk can be determined as a product of threat, vulnerability and asset computing asset ... Risk Threat Vulnerability Asset Definitions transclusion onlyinclude The Certified Information Systems Auditor CISA Review Manual 2006 provides the following definition of risk management Risk management ... what countermeasure computer countermeasures , if any, to take in reducing risk to an acceptable ... more details
more footnotes date August 2010 Risk assessment is a step in a risk management procedure. Risk assessment ... of risk related to a concrete situation and a recognized threat also called hazard . Quantitative risk assessment requires calculations of two components of risk R , the magnitude of the potential loss ... sophisticated risk assessments are often made within Safety engineering and Reliability engineering ..., rail and military industries have a long history of dealing with risk assessment. Also, medical, hospital, and food industries control risks and perform risk assessments on a continual basis. Methods for assessment of risk may differ between industries and whether it pertains to general financial decisions or environmental, ecological, or public health risk assessment. Explanation Risk assessment consists of an objective evaluation of risk in which assumptions and uncertainties are clearly considered and presented. Part of the difficulty in risk management is that measurement of both of the quantities in which risk assessment is concerned potential loss and probability of occurrence can be very difficult to measure. The chance of error in measuring these two concepts is large. Risk with a large ... time, in which to conduct the risk management process. Expressed mathematically, math R i L i p L i , math math R total sum i L i p L i , math Image risk.jpg thumb 300px Risk assessment from .... When risk assessment is used for public health or environmental decisions, loss can be quantified ..., such as increased cancer incidence or incidence of birth defects. In that case, the risk is expressed as math R i p L i , math If the risk estimate takes into account information on the number of individuals exposed, it is termed a population risk and is in units of expected increased cases per a time period. If the risk estimate does not take into account the number of individuals exposed, it is termed an individual risk and is in units of incidence rate per a time period. Population ... more details
Risk and compliance may refer to Legal governance, risk management, and compliance Governance, risk management, and compliance Internal audit dab ... more details
Infobox company company name Risk International company type Private company slogan Your business understood. Your risk managed. That s all we do. foundation Houston, TX , U.S. 1986 founder Del Jones location ... url http www.riskinternational.com bios michael davis bio.htm work Risk International accessdate 2010 ... title Doug Talley url http www.riskinternational.com bios doug talley bio.htm work Risk International ... Cite web title Kirk Walsh url http www.riskinternational.com bios kirk walsh bio.htm work Risk International ... Founded in 1986, Risk International is a risk management consulting firm. ref name Brownfields ... No. 9, p.1 ref ref name European Market March 29, 2010, Business Insurance, Risk International Services enters European Market, p. 17 ref It services clients in the areas of outsourced risk management ... , North Carolina , ref name Portfolio Cite news title REIT picks up 10 area buildings for portfolio ... web title Risk International Announces Expansion to Europe, Offering Risk Management Services Closer to Home for Clients with European Holdings url http www.prweb.com releases risk management insurance ... . ref name Singapore Cite web title Risk International Opens Asia Office, Adds New Facility Risk Management ... accessdate 2011 08 02 ref In 2010 the firm received the Silver Circle Award for the Best Risk Management .... ref name Industry Award2 Cite web title Risk International Awarded Silver Circle by Business Insurance url http www.prweb.com releases risk management insurance archeology prweb4860884.htm date 2010 12 02 work Risk International accessdate 2011 01 07 ref In 2011 the firm was ranked as the third largest independent U.S. risk management consultant by Business Insurance magazine. ref name Largest Risk Management Consultants 2011 Cite web title Largest Independent U.S. risk management consultant url ... Business Insurance accessdate 2011 05 11 ref This marked the fifth consecutive time that Risk International was recognized in the top five largest risk management consultants. Also in 2010, Risk International ... more details
High Risk may refer to High Risk TV series High Risk TV series , 1988 American television series High Risk 1995 film High Risk 1995 film , an action film starring Jet Li High Risk 1981 film High Risk 1981 film , a film written and directed by Stewart Raffill High Risk novel , written under the pseudonym, Carolyn Keene High Risk Books , a defunct publisher in New York City disambig ... more details
unreferenced date November 2010 dicdef Government risk is an investment term used to collectively describe the impact of prospective changes in legislation, policies of the executive branch within existing legislation, and corruption. It is typically referenced as distinct from other forms of risk, such as market risk , credit risk , price risk, and natural risk when assessing the viability of an investment project. Distinction from Country Risk It is often confused with the term country risk when assessing investments in foreign countries, but government risk is in fact a subset of country risk. Specifically, government risk refers only to interactions with government, but not the following elements of country risk crime and property security currency risk different cultural norms around business ethics monopolies or business conglomerate power within in country markets Category Financial risk ... more details
wiktionary riskRisk or risks may refer to Risk , the variability in possible outcomes, usually in reference to the possibility of negative results Risk assessment , the measurement or modeling of risk. Risk management , mitigation of risk using managerial resources Risk game Risk game , a strategy board game of world conquest Risk Megadeth album Risk Megadeth album , a 1999 album by the metal band Megadeth Risk Terminaator album Risk Terminaator album , a 2001 album by rock band Terminaator Risk Paul Brandt album Risk Paul Brandt album , a 2007 album by country music singer Paul Brandt Risk Ten Shekel Shirt album Risk Ten Shekel Shirt album , 2003 Risk film Risk film , a 2007 Bollywood film directed by Vishram Sawant Risk magazine Risk magazine , a financial magazine covering risk management Risk short story Risk short story , a 1955 science fiction short story by Isaac Asimov Risk comics , a DC comics character and member of the Teen Titans RISKS Digest , an online computer security periodical published by the ACM Risk statistics Risk , book by John Adams geographer RISK , a storytelling podcast created and hosted by Kevin Allison Risky may refer to Risky album Risky album , a studio album by Japanese band B z See also RISC disambiguation Disambig de Risiko Begriffskl rung de Risk es Risk desambiguaci n fr Risk homonymie he hr Rizik razdvojba ru sh Rizik razvrstavanje sv Risk olika betydelser tr Risk anlam ayr m uk ... more details
Risk reduction may refer to Absolute risk reduction or Relative risk reduction , statistical descriptors of an intervention. Risk management Safety Integrity Level Hedge finance disambig Long comment to avoid being listed on short pages ... more details
The residual risk is the risk or Risk danger of an action or an event, a method or a technical process that, although being abreast with science, still conceives these dangers, even if all theoretically possible safety measures would be applied scientifically conceivable measures . The formula to calculate residual risk is inherent risk x control risk where inherent risk is Coercion threat s vulnerability . In the economic context, residual means the quantity left over at the end of a process a remainder dictionary.com . In the property rights model it is the shareholder that holds the residual risk and therefore the residual profit . See also Disambiguation needed Risk analysis date June 2011 a residual risk is a portion of the risk that is left after a risk assessment has been conducted. External links http www.protecht.com.au risk management articles 64 the scoring of residual risk The Scoring of Residual Risk http www.protecht.com.au risk management articles 99 can residual risk be higher than inherent risk Can Residual Risk Be Higher than Inherent Risk? http www.economist.com research Economics alphabetic.cfm?LETTER R RESIDUAL 20RISK Economist.com http www.euronuclear.org info encyclopedia r residual risk.htm Euronuclear.org Category Risk de Restrisiko ... more details
A risk metric is the abstract concept in financial risk management quantified by risk measure s. When choosing a risk metric, an agent is picking an aspect of perceived risk to investigate, such as volatility finance volatility or mean return. ref name Holton cite journal last Holton first Glyn A. year 2004 title Defining risk journal Financial Analysts Journal volume 60 issue 6 pages 19 25 url http www.riskexpertise.com papers risk.pdf format pdf accessdate March 11, 2012 ref Risk measure and risk metric In a general sense, a measure is an algorithm for quantifying something. A metric is our interpretation of the number. ref name glossary cite web author Glyn A. Holton year 2002 title Risk Measure and Risk Metric url http www.riskglossary.com link risk metric and risk measure.htm accessdate March 11, 2012 ref In other words, the method or formula to calculate a risk metric is called a risk measure. Value at risk metric The VaR risk metric summarizes the Probability distribution distribution of possible losses by a Quantile function quantile , a point with a specified probability of greater losses. ref name Jorion cite book last Jorion first Philippe title Value at Risk The New Benchmark for Managing Financial Risk edition 3rd publisher McGraw Hill year 2006 isbn 978 0071464956 ref Examples Standard deviation or volatility finance Volatility Mean Absolute deviation Expected shortfall Sharpe ratio Sortino ratio Value at risk See also Risk measure Coherent risk measure Deviation risk measure Spectral risk measure Distortion risk measure References Reflist Finance stub Category Financial risk ... more details
Climate risk means a risk resulting from climate change and affecting natural and human systems and regions. In the course of increasing global temperature and extreme weather phenomena the Intergovernmental Panel on Climate Change IPCC has been founded by the United Nations Environment Programme UNEP and the World Meteorological Organization WMO for a better understanding of climate change and meeting concerns of these observations. Its main aim is evaluating climate risks and exploring strategies for the prevention of these risks. Climate risks As per current projections of Intergovernmental Panel on Climate Change IPCC the following future effects have to be expected Continuous increase of temperature Cumulation of extreme weather phenomena Bumper crops and crop failure Polar cap melting Changes of the planet s ecology Spreading diseases Attenuation of the North Atlantic Drift While affecting all economic sectors, the effect on single continents will differ. Beside these direct physical climate risks there are also indirect derived ones Physical risks Regulation al risks Litigation ... storms and floodings damage buildings and infrastructure, whereas hot summers with less ... to the risk of an increasing number of lawsuits, if damages can be traced back to emissions, i.e. ... emission rates, might lose customers, because of negative reputation. This risk is currently subordinate ... risks of the world s largest companies http www.climate risk analysis.com Climate Risk Analysis http www.climaterisk.net Climate Risk Pty Ltd Sources Allianz Umweltstiftung Lesemappe Klima. M nchen 2007. Investor Network on Climate Risk http www.incr.com INCR & Ceres organization Ceres http www.ceres.org Global Framework for Climate Risk Disclosure A statement of investor expectations for comprehensive ... 2007 issuing climate changes Climate Risk Group of companies http www.climaterisk.net Climate Risk Glossary http www.climate risk analysis.com glossary Category Effects of global warming Category ... more details
Unreferenced date December 2009 Financial risk types Reinvestment risk is one of the main genres of financial risk . The term describes the risk that a particular investment might be canceled or stopped somehow, that one may have to find a new place to invest that money with the risk being there might not be a similarly attractive investment available. This primarily occurs if Bond finance bonds which are portions of loan s to entities are paid back earlier than expected. Consequences The risk resulting from the fact that interest or dividends earned from an investment may not be able to be reinvested in such a way that they earn the same rate of return as the invested funds that generated them. For example, falling interest rates may prevent bond coupon payments from earning the same rate of return as the original bond. Pension funds are also subject to reinvestment risk especially with the short term nature of cash investments there is always the risk that future proceeds will have to be reinvested at a lower interest rate. See also Financial risk Liquidity risk Financial risk DEFAULTSORT Reinvestment Risk Category Finance ... more details
Unreferenced stub date December 2009 cleanup date May 2010 Financial risk types Legal risk is risks that counterparty are not legally able to enter into a contract. Another legal risk relates to regulatory risk, i.e., that a transaction could conflict with a regulator s policy or, more generally, that legislation might change during the life of a financial contract. The Risk Principle The Risk Principle is an area of law closely tied to Causation in English law legal causation in negligence . It provides limits on negligence for harm caused unforeseeably. Financial risk DEFAULTSORT Legal Risk Category Financial risk Category Law by forum Finance stub ar id Risiko hukum ... more details
Financial risk types Reputational risk , often called reputation risk , is a type of risk related to the trustworthiness of business. Damage to a firm s reputation can result in lost revenue or destruction of shareholder value , even if the company is not found guilty of a crime. Reputational risk can be a matter of corporate trust, but serves also as a tool in crisis prevention. ref http www.ffiec.gov ffiecinfobase booklets retail retail 03b.html ref This type of risk can be informational in nature or even financial. Extreme cases may even lead to bankruptcy as in the case of Arthur Andersen . Recent examples of companies include Toyota , Goldman Sachs , Oracle Corporation and BP . The reputational risk may not always be the company s fault as per the case of the Tylenol cyanide panic after seven people died in 1982. ref http www.time.com time magazine article 0,9171,960693,00.html ref See also Reputation management Audit Enterprise risk management COSO ERM framework COSO framework, Risk management Quality audit Continuous auditing Center for Audit Quality References Reflist External links http www.protecht.com.au risk management articles 93 newsletter q3 2011 Reputation Damage Risk Event or Risk Consequence? http www.ffiec.gov ffiecinfobase booklets retail retail 03b.html U.S. FFIEC s definition http findarticles.com p articles mi m0ITW is 1 85 ai n14897163 Managing Reputational risk Financial risk Category Auditing Category Reputation management Risk de Reputationsrisiko ja ... more details
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