Decision details

The Case Management Officer (Support Services) presented the latest Strategic Risk Register. The Register contained all those risks above the line of risk tolerance. He explained that all risks above the line of tolerance had mitigations listed and the mitigations were designed to reduce the risk in terms of likelihood or impact or both and to reduce the risk from the current position on the matrix to the target position.

The Case Management Officer (Support Services) informed Members that there were 7 risks above the line of tolerance out of 18 risks which represented a change from Quarter 4 of 2021/22. The increase in both the total number of risks and those above appetite was due to the identification of three new risks, each of which had been presented above the line of tolerance. The three new risks were:-

(1)        SLDC – Organisational Carbon Reduction Target – that South Lakeland District Council was not able to achieve the current Council Plan target of carbon neutrality by 2030;

(2)        SLDC – Whole District Carbon Reduction Target – that South Lakeland will not achieve its Council Plan target of carbon neutrality across South Lakeland by 2037; and

(3)        Cost of Living Impacts on communities, Council operations and resources.

RESOLVED – That the Strategic Risk Register, as at Appendix 1 to the report be noted.