This publication developed by IRM's Charities Special Interest Group provides practical guidance to help charities understand, define, and embed risk appetite within their wider risk management approach. It highlights the role of risk appetite in supporting strategic objectives and informed decision-making, while helping organisations assess where they are on their risk appetite journey. The guide explains how to frame and communicate risk appetite statements, establish acceptable and unacceptable levels of risk and escalation boundaries, and regularly review appetite as risks and organisational circumstances evolve. It offers practical tips, real organisational approaches, examples, and case studies to help charities translate risk appetite into day-to-day decision-making.
