riskpolitik
Riskpolitik, or risk policy, is a formal framework adopted by organizations and public institutions to guide how they identify, assess, manage, and monitor risks that could affect the achievement of objectives. In German-speaking contexts, the term riskpolitik is commonly used to describe this policy approach. It translates risk management into policy, defining principles, governance structures, decision rights, and the overall risk approach.
A risk policy typically defines the organization's risk appetite and tolerance, the roles of the board, executive
The policy aligns with recognized standards such as ISO 31000, and is integrated into strategy and planning
In practice, riskpolitik supports decision-making, resource allocation, compliance, and resilience. In the public sector, it also