The British Council is the United Kingdom’s international organisation for cultural relations and educational opportunities.
We are committed to managing risk and to embedding risk management into all areas of our work.
The Board of Trustees has ultimate accountability for ensuring that the British Council manages risk effectively. The Board approves the British Council’s Statement of Risk Appetite and reviews the effectiveness of its risk and control processes.
The British Council is committed to:
- identifying and assessing risks to the achievement of the British Council’s objectives and controlling them effectively
- ensuring that its risk management is aligned with the Statement of Risk Appetite approved by the Board of Trustees
- ensuring that decision-making at all levels of the organisation is informed by an assessment of risk
- integrating risk management into the culture of the British Council to ensure ownership of risk is recognised throughout the organization
- monitoring the effectiveness of the approach to risk management and learning lessons from past activities
- ensuring that all staff understand their responsibilities in relation to risk management
- reporting on its assessment and management of risk in the British Council’s annual report.
We will provide adequate and appropriate resources to implement this policy and will ensure it is communicated and understood.
The British Council will review this global policy statement annually to reflect new legal and regulatory developments and ensure good practice.
This global policy statement was approved by Sir Ciarán Devane, Chief Executive, in March 2018 and is due for review in March 2019.