Glossary
ISO 31000 Risk Management Standard Subtitle : An Empirical Approach

Risk appetite

Risks considered acceptable and accepted as they stand, in the light of the company's strategic decisions.

Key risk indicators (KRI); Indicateur clé de risque (KRI)

These are indicators used to assess the level of risk involved in an activity, or the sources of non-performance of an entity or process in terms of risk.

Risk limits

All cases where the company defines a risk as unacceptable or no longer acceptable if it is exceeded (qualitative or quantitative limits).

Risk management policy

A set of guidelines defined by corporate governance in terms of risk management.

Procedure

Document formalizing how to apply a treatment or activity, based on management...