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Risk Topics

Last modified: March 27, 2021
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The risk axis in ORC model (obligations, risk and compliance) allows each organisation to split their risks by risk topic. Here is a list of common risk topics. Many of these overlap and get very confusing to work out which one is which, simply stay with your organisations definitions.

Contractor risk

Contractors (people) are a complicated risk and are aassociated with many other types of risk

  • WHS risk
  • Insurance risk

Fire safety

Generally incudes all the essential fire safety equipment.

Food safety

All things food safety related.

Product safety

All things product safety.

Supply chain/network risk

Generally associated with direct suppliers rather than indirect suppliers but includes all the various risks associated with obtaining the materials required to manufacture your organisation’s products and services. May include subtopics such as

  • Anti-slavery risk
  • Freight (sea, air, rail, road) risk
  • Foreign exchange risk

Workplace Health and Safety (WHS)

Often also known as Occupational Health and Safety (OHS) this is a vast subject and because of “duty of care” can include a large number of risk topics. Depending on your industry, you may want or need to split this topic up.

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