This joint publication by the Institute of Directors (IoD) and Offshore Energies UK (OEUK) sets out a proposed standard of business risk management competency for board members operating in high-hazard industries such as energy, chemicals and transport.
The guidance aims to enhance leadership decision-making in complex risk environments and outlines the critical knowledge, behaviours and responsibilities expected of directors. It supports better governance by enabling boards to effectively challenge, oversee and support risk-related decisions that impact safety, sustainability and business resilience.
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