Part of the Airmic EXPLAINED series of guides, this guide provides an introduction to the concept of risk appetite and addresses the myths, and the links with culture, maturity and sustainability. Defining and implementing risk appetite (often also referred to as a risk attitude) is a strategic activity that involves the Board and top management, as it must be aligned with strategic objectives, and requires consensus and engagement from the organisation’s leadership. This guide is essential reading for those new to the risk management profession, or for those who find themselves with a responsibility for risk management as part of a wider role.

As well as the need to prepare for the physical impacts of climate change, Boards must help their organisations adapt to the requirements of new national and international laws and regulations that will embed sustainability in products and services.

This report commissioned by the NPC and written by Lianna Roast of the Disaster Management Centre at Bournemouth University, looks at how lessons from major incidents can be translated in to real-world change and asks how human psychology can best support our society to ensure lessons from past events are learnt.

The arguments for advancing diversity and inclusion are now well-established. The question now is how companies can implement new guidelines on diversity, so that they go beyond the superficial requirements and achieve meaningful culture change.