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Our approach to risk


Risk management is the systematic and scalable approach used by officials to make risk-informed decisions and take appropriate actions in relation to events, issues or incidents that may affect achievement of our agency’s objectives.

We take a risk-based approach to decision-making, underpinned by our risk appetite and risk management framework. The framework outlines our agency’s system of risk management and oversight and is aligned to the Commonwealth Risk Management Policy and the ISO 31000: 2018 Risk Management Guidelines. Our risk appetite articulates the level of risk we are willing to pursue to achieve agency objectives and meet statutory obligations.

Effective risk-based decisions support:

  • streamlining regulatory processes across and within the schemes we administer
  • targeting resources towards areas of highest risk, and
  • delivering the specific objectives of relevant legislation effectively and efficiently.

We will continue to improve our risk management maturity through reviews of the risk management policy and framework and ongoing improvements to risk management capability.

Our strategic risks articulate the high-level risks to achieving our objectives, and are identified as:

  • The Clean Energy Regulator does not effectively manage its programs.
  • The Clean Energy Regulator’s advice, insights and data are not of high quality.
  • The Clean Energy Regulator does not adapt.

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