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Board Evaluation

BoardClic Demo - September 2024

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Information, Reporting, and Risk Management

Information, Reporting, and Risk Management

Section summary

82

of 100

Section Score

74

of 100

Section benchmark

Section findings

Based on score and priority.

High performance

The board ensures that sufficient time is allocated to risk control related to cyber risks.

84

YOUR SCORE

73

BENCHMARK

Low performance

The board ensures that sufficient time is allocated to risk control related to cyber risks.

61

YOUR SCORE

75

BENCHMARK

QUESTION

PRIORITY

SCORE

BENCHMARK

The board ensures that sufficient time is allocated to risk control related to cyber risks.

8.1

82

8 %

79

The board ensures that sufficient time is allocated to risk control related to cyber risks.

6.3

63

2 %

69

The board ensures that sufficient time is allocated to risk control related to cyber risks.

4.1

86

14 %

75

The board ensures that sufficient time is allocated to risk control related to cyber risks.

3.8

72

=

71

The board ensures that sufficient time is allocated to risk control related to cyber risks.

2.4

79

6 %

75

The board ensures that sufficient time is allocated to risk control related to cyber risks.

2.1

61

12 %

69

All roles

Non-Executives

Executive

Independent Non-Executives Director

Non-Executive Director

Chair

ALIGNMENT

DISTRIBUTION

10

20

30

40

50

60

70

80

90

100

Provide any additional comments regarding the board's "information, reporting, and risk management"

The reports are detailed and informative, yet simplifying the presentation could help in grasping key insights more quickly.

The board's commitment to maintaining high standards in information, reporting, and risk management is evident and provides a solid foundation for decision-making. However, as the external environment becomes increasingly complex, there's a growing need to evolve our practices to stay ahead. Enhancing our data analytics capabilities could provide more nuanced insights into emerging risks and opportunities, enabling more proactive management strategies. Furthermore, integrating sustainability and ESG risks into our core risk management framework could address increasing stakeholder expectations and regulatory requirements.

The current reporting process is thorough but can be overwhelming. Streamlining the process to highlight the most critical information would be beneficial.

While our risk management framework is comprehensive, a clearer alignment with our overall strategic objectives would ensure a more focused approach to risk mitigation.

The frequency and transparency of reporting are commendable. More interactive sessions to discuss these reports could foster a deeper understanding across the board.

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Chair

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Information, Reporting, and Risk Management

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