Risk taxonomy and KRIs in the resources sector
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This unique benchmark provides insights into risk taxonomies and key risk indicators (KRIs) in the resources sector. The objective of this report is to provide risk leaders in the sector with a list of ideas for relevant KRIs, alongside practitioner insights into taxonomy and KRI implementation.
This resource uses two main sources of data: in-depth interviews with five risk leaders in the resources sector (or at representative companies) and information from our KRI library.
Fill in this form to request us to talk you through the benchmark in a short virtual meeting (15 minutes + time for questions).
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Fill in this form to request see the benchmark*
This bespoke benchmark explores:
- How to identify your 'top' risks?
- What are the key risk taxonomies in the resource sector?
- What are resource companies’ risk taxonomies, top risks and
key risk indicators? - What are the 4 key considerations around risk taxonomies and KRIs?
- What proportion of organisations cascade risk appetite down the organisation? And how do they do it?
*Subject to qualification. We're only able to show this data to prospective members - in-house corporate risk leaders at large non-financial institutions in Europe, MENA and Oceania. We'll send you a meeting invite so we can explore the results with you and provide more context. The data in our benchmarks is valuable and we don't give it out to non-members.
FAQs
CROs/heads of risk at 5 large resource sector institutions. We hand-selected the participants to ensure the report benchmarks relevant peers only.
- A comprehensive list of risk taxonomies in the resource sector, built through our own data as well as 5 selected resource risk leaders
- A data and contribution driven deep dive into taxonomies and KRIs including:
- Cyber security
- Technology and innovation
- Health and safety
- Markets and economic outlook
- Strategic transitions
- Supply chain security
5 hand selected risk leaders took part in an in-depth survey with a series of open and closed questions. We also extracted data from our own KRI library for this benchmark.
We developed this benchmark to support a Risk Leadership Network from an organisations in the resources sector who needed to benchmark their risk taxonomy and KRIs against sector peers.
Yes, we regularly create benchmarks or pulsechecks in response to our members' priorities. Take a look at some of our latest benchmarks here. Through our bespoke, concierge "network assistance" service, we deliver these niche reports in a timely way to meet the exact needs of the organisation who requested it. Of course, the benchmarks are often useful for other organisations too and we share the results. If you'd like us to create a benchmark for your organisation, please fill in this form and we'll get back to you with a time-frame and membership proposal.
Please fill in the form and we'll present the key findings to you*, and discuss how our members are leveraging the data in the report to operationalise and accelerate ERM better practice.
Due to the high value data in the report, we only send the report to members of Risk Leadership Network.
*Subject to approval. We're only able to meet with you to show you the data if you're a prospective member (i.e. a practising risk leader at a large non-financial organisation in Europe, Asia-Pacific or MENA).
Yes. Members of Risk Leadership Network work with a network manager to make sure we meet your risk priorities. If there's an informal benchmark that would assist you in your priorities, we'll create it for you in a timely manner. Most benchmarks are complete within 8 weeks of request. Tell us more about the benchmark you need and we'll get back to you with timescales and a membership proposal.