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Risk Disclosure of the Year

2021 Winner

Risk disclosure of the year - Smith and Nephew

Judges notes

This was a particularly interesting year in which to review risk reporting and it was striking to see how different companies had dealt with their reporting in different ways. The best reports in this category shone by being specific, offering real insight into the challenges facing the business, including COVID with insight that gave confidence that risk is being  identified and managed effectively. We saw some great examples of the viability statement being front and centre in the risk process and risk clearly linked to KPIs. Our winner, in particular, provided detailed scenario modelling with real granularity and an explanation as to why those scenarios had been chosen – all inked explicitly to strategy.

Smith and Nephew plc

2021 Winner:

Smith and Nephew plc

Highly commended:

Cairn Energy plc

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