Risk Management policy statement

Kiama Council and the Management Team, in partnership with staff and unions, are committed to ensuring that its resources are managed to provide returns which are of the greatest benefit to the community.

Council is committed to the concept and operational framework ensuring tangible and measurable risk management procedures as part of the decision making process.

This is achieved through a policy for the management of Council's identified risks by systematically devising implementing and continually improving measures for the management of Council's risks in order to control, minimise or eliminate all forms of potential loss.

The risk potential will be measured in terms of frequency, likelihood and severity covering acts or omissions for financial operations, personal injury, damage to assets, damage to the environment and damage to the positive reputation of Council.

The objectives of this risk management statement are to ensure that all Council officers assume an individual responsibility to implement risk management on behalf of Council as part of their normal duties.

Publicly acknowledge Councils commitment to due diligence through the concept and framework of risk management.

Councils risk management policy is the umbrella policy for all supportive activities and documentation, which have the objective of improving processes by reducing the uncertainty of outcomes, thereby minimising loss in all its forms within the activities and services provided by Council.

The Risk Management process will follow and be in accordance with Australian / New Zealand Standard AS/NZS 4360:2004.

Risk Management issues will be discussed and actioned at a monthly Manex meeting chaired by the General Manager.