34 Review of Corporate Risk Register
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To consider the report of the Strategic Director of Corporate Resources.
Additional documents:
Decision:
Review of Corporate Risk Register
Agreed:
RESOLVED that the Council’s Corporate Risk Register be approved and that any necessary actions to help mitigate the risks for which it is responsible for be proposed to Council.
Reason for Decision: As set out in the report.
Minutes:
The Executive received the report on the Council’s risk management progress and presented the revised Corporate Risk Register which was linked to the Council’s Strategic Priorities. The Audit and Governance Committee had considered the report at its meeting on 19 March 2025, where it has been suggested to include a direction of travel indicator for risk scores, which would be incorporated in the next update.
During the discussion, Executive Members raised the following points and questions:
· the Public Sector Decarbonisation Scheme (PSDS) funding for the Riverside had been approved, resulting in a £3.6 million grant award from the Department of Energy, Security and Net Zero. The funding would contribute significantly to decarbonising public sector facilities and the Councils previous prudent decision making was highlighted;
· a new Head of Service for HR had been appointed, and the HR improvement plan was now underway; and
· the register required an amendment to ensure that the Portfolio Holder for Arts, Culture & Tourism was listed for the relevant risks associated with that portfolio.
Opposition group leaders raised the following points and questions:
· the suggestion from the Audit and Governance Committee, highlighted the benefit in indicating text amendments in the document to help members track where changes had been made between meetings.
The Leader moved the recommendations, which were seconded by Councillor Wright, voted upon, and CARRIED unanimously.
RESOLVED that the Council’s Corporate Risk Register be approved and that any necessary actions to help mitigate the risks for which it is responsible for be proposed to Council.