Regulation (EU) 2023/1115 on deforestation-free supply chains for Risk Managers
Risk Managers identify, assess, and prioritise organisational risks. This guide covers how Regulation (EU) 2023/1115 on deforestation-free supply chains impacts the Risk Manager role, key responsibilities, common challenges, and practical tools for success.
How Regulation (EU) 2023/1115 on deforestation-free supply chains Impacts Risk Managers
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.
Risk Manager Responsibilities 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
Common Regulation (EU) 2023/1115 on deforestation-free supply chains Challenges for Risk Managers
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
Getting Started with Regulation (EU) 2023/1115 on deforestation-free supply chains as a Risk Manager
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 by Industry
Regulation (EU) 2023/1115 on deforestation-free supply chains for Other Roles
Frequently Asked Questions
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.