Organizational Risk Planning for Sustainability Programs

It is important to apply organizational risk planning to the sustainability programs within an organization. This ensures you are prepared for potential harmful effects and threats.

Planning Organizational Sustainability

When planning organizational sustainability for your organization, you must take various aspects into account. These include, for example, the context of the organization, its internal and external stakeholders, and the scope of its formal sustainability program. With this information, it must determine the potential adverse effects (threats) and the potential beneficial effects (opportunities). This is the core of the required risk planning. How many organizations do you know that perform this type of risk planning in their sustainability programs?

Organizational Risk Planning

For the purpose of risk planning, various aspects must be defined that can be controlled and influenced by the organization. These should fall within the defined scope of the sustainability programs. This involves examining aspects such as the organization’s activities, products, and services.

The associated effects are also examined, taking a “life cycle perspective” into account. These aspects stem from the environment, the occupational health and safety program, energy management, and the organization’s social responsibility.

Looking at these aspects, the following should be considered:

• Change, including planned or new developments and new or modified activities, products, and/or services;
• Abnormal conditions and reasonably foreseeable emergency situations.

The organization determines which program aspects could pose a significant threat to the organization and its stakeholders.

The organization determines which program aspects should be included in the organization’s objectives or be a key aspect of their internal management program, using established criteria as an opportunity.

Risk Planning for Sustainability Programs

When planning how to achieve the sustainability program objectives, in consultation with stakeholders, the organization will determine the following:

• What will happen
• What resources will be required
• Who will be responsible
• When it will be completed
• How the results will be evaluated in terms of the risks described above (i.e., opportunities and threats)

When planning for sustainability, the leader must ensure that the sustainability program:

• Achieves the intended results;
• Prevents or reduces undesirable effects that could affect the organization;
• Realizes continuous improvement, innovation, and development.

Want to know more about risk planning for sustainability programs?

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This article on organizational sustainability was written by Dr. Bob Pojasek, from VCARE Academy.

Who is Bob?

Chairman of the Education and Research Executive Board (EREB)

VCARE Academy Inc. Managing Director

Sustainability Legend | ESG Reporting & Disclosures | Uncertainty Risk | Pollution Prevention Expert | Process Improvement | Organizational Sustainability Reporting | Sustainable Procurement Professor