Regulation (EU) 2023/1115 on deforestation-free supply chains for Risk Managers
What does Regulation (EU) 2023/1115 on deforestation-free supply chains require of a Risk Manager?
Risk Managers identify, assess, and prioritise organisational risks. Under Regulation (EU) 2023/1115 on deforestation-free supply chains, which defines 4 controls, the work that lands on a Risk Manager is deciding which controls you own outright, which you share, and which belong to another team, then holding evidence for the first group.
Which Regulation (EU) 2023/1115 on deforestation-free supply chains controls land on the Risk Manager
Risk Managers identify, assess, and prioritise organisational risks. They build risk registers, conduct risk assessments, define risk appetite, and ensure that compliance frameworks address the most material threats to the organisation.
Regulation (EU) 2023/1115 on deforestation-free supply chains defines 4 controls across 4 domains that directly affect the Risk Manager role. Understanding which controls fall within your ownership, which are shared, and which are owned by other teams is the foundation of effective compliance management.
What a Risk Manager is accountable for under Regulation (EU) 2023/1115 on deforestation-free supply chains
Conducting enterprise risk assessments and maintaining the risk register
Defining risk appetite and tolerance levels with executive leadership
Mapping compliance controls to identified risks for coverage analysis
Monitoring key risk indicators (KRIs) and escalating emerging threats
Integrating compliance, operational, and strategic risk management
Where Risk Managers lose time on Regulation (EU) 2023/1115 on deforestation-free supply chains
These are the most common obstacles Risk Managers face when managing Regulation (EU) 2023/1115 on deforestation-free supply chains compliance, and how to address them:
Challenge 1
Quantifying cyber risk in financial terms that resonate with executives
Challenge 2
Identifying gaps between compliance control coverage and actual risk exposure
Challenge 3
Integrating risk data from siloed tools and departments
Challenge 4
Keeping risk assessments current as the threat landscape evolves
Challenge 5
Prioritising remediation when resources are limited
A working order for a Risk Manager starting on Regulation (EU) 2023/1115 on deforestation-free supply chains
1. Readiness Assessment
Take a 5-minute readiness assessment to identify your organisation's current gap profile against Regulation (EU) 2023/1115 on deforestation-free supply chains. Get a prioritised action plan tailored to your specific situation.
2. Cross-Framework Mapping
Use our platform to map Regulation (EU) 2023/1115 on deforestation-free supply chains controls against other frameworks you already comply with. Regulation (EU) 2023/1115 on deforestation-free supply chains maps to 5 other frameworks in our database.
3. Build Your Toolkit
Equip yourself with Regulation (EU) 2023/1115 on deforestation-free supply chains toolkits, self-assessments, and implementation guides from our store. Resources designed specifically for Risk Managers managing compliance programmes.
4. Continuous Monitoring
Establish ongoing compliance monitoring using our platform's gap analysis tools. Track your maturity over time and demonstrate progress to stakeholders.
Regulation (EU) 2023/1115 on deforestation-free supply chains in your sector
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Questions Risk Managers ask about Regulation (EU) 2023/1115 on deforestation-free supply chains
What does a Risk Manager need to know about Regulation (EU) 2023/1115 on deforestation-free supply chains?
How does Regulation (EU) 2023/1115 on deforestation-free supply chains affect the Risk Manager role?
What are the biggest Regulation (EU) 2023/1115 on deforestation-free supply chains challenges for Risk Managers?
How should a Risk Manager prepare for a Regulation (EU) 2023/1115 on deforestation-free supply chains audit?
What tools help Risk Managers manage Regulation (EU) 2023/1115 on deforestation-free supply chains compliance?
Risk Manager: How ready is your organisation for Regulation (EU) 2023/1115 on deforestation-free supply chains?
Answer 25 questions and get a professional readiness report with gap analysis, maturity scores, and prioritised action items. Results in 5 minutes.