Risk 101
Who is the Head of RSPO Risk Unit
Citra Hartati
What is Inherent/Gross Risk
Risk Rating before putting in control
Name one way to treat a risk
Reduce,/Treat/Modify, Accept, Transfer, Avoid/Terminate
You leave a laptop unlocked in a public cafe. What type of risk is this
Information security/data breach risk
Who owns the risk? Risk Unit or Respective Risk Owners (e.g., department, units,directors)
Respective Risk Owners
What is one of the tools the Risk Unit uses for Risk Assessment?
Risk Evaluation Form
When one chooses to reduce the risk rating from high to medium, what kind of risk treatment is he/she choosing?
Trreat/Reduce/Mitigate
This risk arises when an organisation exaggerates or misrepresents its environmental or sustainability efforts, potentially misleading stakeholders and harming its reputation
Greenwashing risk
Definition of Risk
Effect on uncertainty on objectives
What is the risk rating formula
Risk Rating = Likelihood X Impact
Name this risk treatment = This strategy shifts the impact of a risk to a third party, usually through insurance,contract, or outsourcing
Risk Transfer
A company wants to expand its factory to a new location. Management evaluates potential hazards, supply chain delay, and market demand before deciding. Which step of risk management are they performing
Risk Identification and Risk Assesment