Article 2 February 2023

New: Annual Risk Maturity Assessment

A review of our Enterprise Risk Management (ERM) framework was completed in 2021, studying risk and business continuity management across Mitie.

Since 2021 it has been noted that we as a company have responded remarkably well to managing business risk and disruptive events such as COVID-19. However more has been needed to be done as a business to equip teams to ensure a more consistent approach to managing risk within Mitie going forward.

 In response to these findings, several improvements have been implemented over the last 18 to 24 months:

  • Securing ISO 22301 business continuity accreditation
  • The Introduction of the Mitie Risk Committee
  • Rollout of Risk Safe an automated risk management platform
  • The rollout of two new e-Learning training packages designed by our in-house L&D team
  • Enhanced Enterprise Risk Management (ERM) procedural documentation, which is all readily available to colleagues here.

We want to keep rolling out improvements throughout 2023 and beyond and ensure that we continue to drive the required enhancements in relation to risk management best practices.

Our Risk Maturity Assessment form has established a mechanism for assessing our risk maturity across Mitie on an annual basis.

Risk Maturity Assessment

This assessment contains a series of statements which are used to monitor how Mitie is performing against best practice.

  • Open from 1st Feb-28th Feb 2023
  • All responses are anonymous
  • 30 mins approx. to complete
  • Click here to take part

Once results have been collected, these will be shared via MGX members along with supporting improvement plans for FY24.