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Risk Appetite Framework

ECU’s Risk Appetite Statement Framework sets out the degree of risk that ECU is willing to accept in the pursuit of its strategic objectives. The risk appetite is set by Council and works in conjunction with the University’s Integrated Risk Management Framework.

The University’s appetite towards accepting risk is dependent on the nature of the activity and the degree of risk and potential reward. There are individual risk appetite statements.

Each of the following categories of activity, along with the key risk indicator (KRI) are used to demonstrate whether the University is acting within the Council approved risk appetite parameters.

  • Teaching and learning
  • Research
  • Internationalisation
  • Financial
  • Brand and reputation
  • People, operations and infrastructure
  • Governance, legal, regulatory and compliance

Contact

For more information on the Risk Appetite Statement, please contact Enterprise Risk:

Telephone: (08) 6304 5733
Email: enterpriserisk@ecu.edu.au

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