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- each country calculates these. Thus in Monaco, this is the case, for example, of the public report. Continuity plan and backup
France, more than two thirds of the 36,000 Société des Bains de Mer: “To guard against plan, project risk management, anti-fraud
municipalities are exposed to at least one climate risk, measures have been taken such programmes, adequacy and effectiveness
natural risk: one in four French people and as taking into account the alerts issued by of controls, coordination of controls with
one in three jobs are now potentially exposed the French or Monégasque authorities, with the objectives and associated risks (quality,
to flooding, the main major national risk in the implementation of measures to protect performance, transformation, etc) - internal
terms of the number of people concerned the movable and immovable heritage. The control is an essential tool for total risk
and the economic cost of the disaster. The construction of an underwater breakwater management in any company and to prepare
seismic risk is the most-feared risk in terms in March 2021 at Monte-Carlo Beach also for all eventualities, showing that taking
of number of potential victims! makes it possible to prevent meteorological into account risks within a company is
risks at this establishment on the seafront,” necessary at all stages and at all levels of
What about companies? the company indicates in its latest annual the organisation.
This logic can be extended to economic
players. Every business faces risks that
could pose threats to its success. Their What constitutes risk?
management allows the identification of A risk is when a hazard comes head-to-head with what is at stake. Risks are grouped into
what could go wrong and the implementation five major families:
of strategies to deal with it. One only has to - natural risks: floods, forest fires, earthquakes, volcanic eruptions, landslides, marine
look at the activity report of listed companies flooding, avalanches, cyclones, storms;
to see how the risks (political, economic, - technological risks: industrial risks, breaches of dams and dykes, nuclear risks;
social, health, operational, environmental or
regulatory compliance) are analysed, thus - transport risks (collective and hazardous materials) are technological risks. It is made a
showing that they are prepared to deal with special case because the stakes vary according to the place where the accident takes place;
them. Risks are identified and classified by - the risks of daily life: domestic accidents, road accidents, etc;
nature and according to their probability - conflict risks.
of occurrence and are even mapped. In

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