DETERMINING, ASSESSING AND UPDATING

BUSINESS RISK AND OPPORTUNITIES

Version : 1

5 RISK RATING CRITERIA

10.1 PROBABILITY RATING

RATING POTENTIAL FOR THE RISK TO OCCUR PROBABILITY
5 Almost Certain Likely to Occur Several Times a Year Greater than 90%
4 Likely Likely to Occur Once a Year 50% - 90%
3 Possible Possibly Occur Once Every 3 Years 10% - 50%
2 Unlikely Might Occur Once in 5 Years 5% - 10%
1 Rare Might Occur Once in 10 Years Less than 5%

10.2 CONSEQUENCE RATING

IMPACT
RATING
QUALITY ENVIRONMENT
Could stop Operations Payment of penalties/ Issuance of NOV/
(Full) Cease and Decease Order
5 MAJOR
Loss of Business/ No Profit
– Negative
Material Loss / Key Could pollute all environmental conditions
Business Plan Not related to climate, air quality, water quality,
4 HIGH
Achieved land use, existing contamination, natural
resource availability and biodiversity
Some Material Loss Could pollute 1-2 of the environmental
Departmental Business Plan conditions related to climate, air quality,
3 MODERATE Not Achieved water quality, land use, existing
contamination, natural resource availability
and biodiversity
Some loss that can easily be Slight impact on the environment, could
2 MINOR corrected, no effect in easily be corrected
operations
No effect in the Business No impact on the environment
1 INSIGNIFICANT
Operations

10.3 COMPLIANCE OBLIGATION

RATING CONDITION
1 Full Compliance (Permit, Licenses, Control)
2 Partial Compliance
3 Non Compliance (No permit, No license)

10.4 RISK ASSESSMENT AND ACTION PLAN

RATING ASSESSMENT RATING ACTION TO BE IMPLEMENTED
20-25 High For strict implementation
Action to address the risk shall be plan for
9-19 Moderate implementation or be included in the OTPs/ Business
Plan.
4-8 Low Implementation of the controls, if any
Will not affect the quality, environmental, health and
<4 Insignificant
safety performance of EMPI, management prerogative
6 OPPORTUNITY RATING CRITERIA

11.1 OPPORTUNITY ASSESSMENT

11.1.1 Promotes the Organization’s Strategic Direction - CO
5 No relevance to EMBV’s Business Plan
10 Relevant to EMBV’s 1 Business Plan
15 Relevant to EMBV’s 2 Business Plan
20 Relevant to EMBV’s 3 or more Business Plan

11.1.2 Product Quality / Customer Satisfaction / Environmental Performance - CS

RATING QUALITY
No impact to enhance product quality
5 or customer satisfaction
Indirect impact to enhance product
10 quality or customer satisfaction
Direct, minor impact to enhance
15 product quality or customer
satisfaction
Direct, major impact to enhance
20 product quality or customer
satisfaction
ENVIRONMENT
No impact on EMBV environmental
performance
Would affect the Environmental
performance/ OTPs
Would affect status of compliance
obligation and environmental
performance/ OTPs
Would have major impact on
environmental performance and entails
monetary savings

11.1.3 Cost of Implementing the Action – COST (what is the estimated cost of implementing the
action?)

5 More than PhP 1M

10 Greater than PhP 500,000 but less than PhP 1M
15 Greater than PhP 50,000 but less than PhP 500,000
20 PhP 50,000 or less

11.1.4 Return of Investment – ROI

5 ROI is more than 5 years or no tangible return
10 ROI is more than 3 years but less than 5 years
15 ROI is 1 to 3 years
20 ROI is less than one year

11.2 OPPORTUNITY ASSESSMENT AND ACTION PLAN

TOTAL
ASSESSMENT
SCORE - ACTIONS TO BE IMPLEMENTED
RATING
RATING
65-80 High Best Practices, strict implementation
50-64 Moderate For Continual Improvement, implement the action
Will not affect the quality, environmental, health and
20-49 Low
safety performance of EMBV, management prerogative