Risk Appetite Statement 2026/27

Our organisation recognises that achieving strategic objectives requires a balanced approach to risk. We aim to operate within a defined level of risk that supports innovation and improvement while safeguarding patient safety, regulatory compliance, and financial sustainability.

Risk Appetite

We are prepared to accept a moderate to high level of risk in areas that drive transformation, innovation, and long-term sustainability, provided these risks are well understood, assessed, and managed. In domains such as clinical care and safety, our appetite remains cautious, prioritising quality and compliance. For financial sustainability and communication, we adopt an open approach to enable bold initiatives and investment in new technologies. In innovation and development, we may seek higher risk where potential benefits are significant and governance is strong.

Risk Tolerance
While pursuing strategic objectives, we allow for controlled fluctuations in risk exposure within agreed boundaries.

This approach ensures that risk-taking is deliberate, monitored, and aligned with our values and strategic priorities.