Project and corporate risk in the 21st century needs to include social and environmental risk, including risk of natural events impacting on construction, implementation and operation. At Fourth Element we seek to engage with traditional notions of financial risk and proper governance whilst arguing that such traditional thinking models do not effectively capture all of the risks faced by 21st Century businesses.
Our team of risk professionals combine knowledge in areas such as sustainability, corporate responsibility, climate change, reputation management and stakeholder perception. We work with managers and executives to develop a holistic risk profile using bespoke systems and processes to effectively manage risk at the corporate, project and business unit level of analysis.
Natural hazards and climate risk are also increasingly part of both business and project planning. We employ modelling, statistical analyses, GIS techniques and input from specialists in assessing a wide range of natural hazards.