Document background
The Risk Assessment and Management Policy is essential for organizations operating in Germany to ensure compliance with legal requirements and establish effective risk management practices. This document becomes necessary when organizations need to systematically identify, assess, and manage various types of risks while meeting obligations under German law, particularly the Arbeitsschutzgesetz (ArbSchG) for workplace safety and the KonTraG for corporate governance. The policy includes detailed procedures for risk assessment, clear delegation of responsibilities, reporting structures, and documentation requirements. It serves as a fundamental governance document that helps organizations demonstrate due diligence in risk management to regulators, stakeholders, and insurance providers.
