G-P01 · TOPIC · enterprise-and-public-riskGCRI dossier · service level R0
GCRISystemic Risk ManagementIn development
Topic dossier · Systemic Risk Management

Enterprise and public risk

Enterprise risk management protects an organization's objectives; public risk management protects a population and its services. The two meet at shared infrastructure, outsourced public services, supply chains and the losses that firms cannot bear and governments end up carrying. This page sets out how each works, where their boundaries leave risks unowned, and what evidence helps executives and public officials align their management of shared exposures.

The interactive map needs JavaScript; the layer list and sources are below.

Layers 3

Hazards and exposure, for this page

Latest available

NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Blue Marble (NASA) · © OpenStreetMap contributors (ODbL) · Natural Earth

Loading the latest NASA imagery.

Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.

For enterprise and public risk, in GCRI's spatial-intelligence reading, the map opens on population density, night lights and true-colour imagery, framed on Asia; every other NASA layer, live feed and forecast waits in the layer list.Satellite and model products as NASA publishes them, each with its own date; indicators, not assessments of any place; claim ceiling INTEGRATED.

Data: NASA GIBS · ASTER GDEM · Blue Marble · © OpenStreetMap contributors · Natural Earth · NASA EONET · GDACS · Copernicus Sentinel-2 L2ASources and licences

  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Center for International Earth Science Information Network (CIESIN), Columbia University. 2018. Gridded Population of the World, Version 4 (GPWv4): Population Density, Revision 11. NASA Socioeconomic Data and Applications Center (SEDAC). Licensed under CC BY 4.0. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). CC BY 4.0
  • VIIRS Black Marble night-time lights, NASA Goddard Space Flight Center; distributed by the NASA Level-1 and Atmosphere Archive and Distribution System (LAADS DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • VIIRS near-real-time products (flood, land surface temperature, snow cover, corrected reflectance), NASA LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • MODIS land products (vegetation indices, gross primary production, land cover), NASA LP DAAC and LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • NASA Fire Information for Resource Management System (FIRMS), VIIRS 375 m active fire product, NASA LANCE; vector tiles via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • ASTER GDEM is a product of METI and NASA (ASTER Global Digital Elevation Model V003, NASA LP DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Made with Natural Earth. Free vector and raster map data @ naturalearthdata.com. Public domain
  • © OpenStreetMap contributors (ODbL), via NASA GIBS (coastlines, boundaries, roads and place names). Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). ODbL
  • Blue Marble, NASA Earth Observatory; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into H3 cells where shown (modified). NASA open data
  • Context on the globe and flat map: coastlines, boundaries, roads and place names from NASA GIBS reference layers (OpenStreetMap data, ODbL, © OpenStreetMap contributors); Blue Marble imagery as an optional base; 3D terrain and the elevation read-out from the ASTER GDEM elevation colour index (5 m to 200 m classes, exaggerated for legibility). Boundaries are drawn as published and imply no position on any territory.
  • Globe: MapLibre GL JS 6.9.1, BSD-3-Clause, © MapLibre contributors.
  • Live: NASA EONET Events are indicative, not official warnings.
  • Live: GDACS (EC JRC / UN OCHA) Events are indicative, not official warnings.
  • Observed (EO): Copernicus Sentinel-2 L2A (contains modified Copernicus Sentinel data 2026), Microsoft Planetary Computer
  • Optional layers (35 sources in the layer list: live, forecast, observed and context) print their provider credit on the map and here when switched on; forecasts are model output and derived indices are estimates.

Layers and dates

  • Population density, 2020: Population: CIESIN, Columbia University, Gridded Population of the World v4.11 (2018), NASA SEDAC, CC BY 4.0 · static
  • Night-time lights, daily: VIIRS Black Marble (VNP46A2), NASA LAADS DAAC · 12 Oct 2026
  • True colour: VIIRS NOAA-20 corrected reflectance, NASA LANCE · 13 Oct 2026
  • Land cover type (IGBP), yearly: MODIS Terra and Aqua land cover (MCD12Q1), NASA LP DAAC · 2024
  • Flood water, 3-day composite: VIIRS Global Flood Product, NASA LANCE · 14 Oct 2026
  • Active fires and thermal anomalies, last day: VIIRS NOAA-20 375 m (FIRMS), NASA LANCE FIRMS · 13 Oct 2026

01In brief

The short answer.

Enterprise and public sector risk management are the practices by which firms protect their objectives and governments protect populations and services. They meet at shared infrastructure, outsourced public services and supply chains, and in losses that firms cannot bear and governments carry. Linking their registers shows exposures neither sees alone.

02Console

Risk register, in outline.

The working screen behind this subject: its structure, terms and states. Names are placeholders and values illustrative.

Risk register

Enterprise and public risk · Enterprise A · Review cycle Q4

Three risks above appetiteGCRI · Systemic Risk Management

Residual risk

likelihood × impact, risks per cell

Counts of risks per cell. Shading follows the appetite bands.

Above appetite

Supplier concentrationProcurementHigh▲ 1
Data centre floodingOperationsHigh▲ 0
Model error in pricingFinanceMedium▲ 1
Key staff lossPeopleMedium▼ 1

Risk management process, after the international standard

  1. Scope, context, criteriaset
  2. Identifytaxonomy
  3. Analyselikelihood · impact
  4. Evaluatevs appetite
  5. Treatplans
  6. Monitor and reviewKRIs
  7. Record and reportboard

Treatment actions

  1. T-11Dual-source critical componentOwner: procurement · overdue6 d late
  2. T-14Move backup site above flood levelOwner: operationsdue 16 d
  3. T-17Independent model validationOwner: financedue 38 d
Risk register: the screen's structure, terms and states for Enterprise and public risk.Placeholder names and illustrative values; a design, not a record or a live system.
03The question

Enterprise and public risk: how the risk develops.

Private, sovereign and community mandates. The dossier below sets out how the risk develops, what is measured, where the data come from, how it is modelled and who decides.

Mechanism

Firms manage their own loss

Enterprise risk management weighs risks against an organization's own objectives and appetite. Losses that fall on customers, communities or other firms are counted only where law, contract or reputation brings them back.

Mechanism

Government carries residual risk

When private resilience falls short, the public sector often absorbs the loss through emergency response, bailouts, compensation or lost services. These implicit commitments are rarely priced or recorded.

Mechanism

Outsourcing moves operations, not accountability

Public services delivered by contractors depend on the contractor's continuity, finance and suppliers. The public body remains accountable for the service even when it no longer controls the operation.

Mechanism

Registers do not connect

Corporate risk registers and national risk assessments describe overlapping exposures in different terms. Without a shared view, neither side sees the risks that sit between them.

04Key terms

Terms used on this page.

Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.

TermDefinition
Contingent liabilityAn obligation that depends on a future event, such as a guarantee or an implicit commitment to support.
Fiscal riskThe possibility of differences between expected and actual fiscal outcomes, including from contingent liabilities.
Exit clauseA contract term that sets how a service is transferred or continued if a supplier fails or the contract ends.
05Indicators

What is measured, and how well.

Each indicator carries its unit, its cadence, the kind of source behind it and the evidence label a value would carry. No values are shown: a programme supplies them under its own authority.

IndicatorUnitCadenceSource typeLabel
Contingent liabilities disclosedcount and type in public accountsannualGovernment financial statements and fiscal risk statementsOFFICIAL
Critical public services delivered by contractorscount of servicesannualContract registersOFFICIAL
Contracts with continuity and exit clausespercent of critical contractsannualContract management recordsREPORTED
Principal risks linked to national risk categoriespercent of disclosed principal risksannualDisclosure analysisESTIMATED
Public-private exercises heldcountannualExercise programme recordsREPORTED
Emergency support provided to firmscount of support measures by typeper eventPublic budget and aid recordsOFFICIAL
06Canvas

From sources to decisions.

The topic as a computational graph: named sources feed the methods, an evidence review gates the outputs, and the decisions stay with the authorities that hold them.

Pipeline canvas · Enterprise and public risk as a run graphDesign, not a record
Enterprise and public risk: a cascade across interdependent systemsA hazard hits one system; dependencies carry the failure into others; impact grows until buffers, redundancy or restoration priorities stop it; the analysis ranks the links to strengthen. Design of the process, not a record of a run.

Fig. 02Nodes carry their type, two metric rows and a state; connectors show what feeds what; dashed frames name the owners; the timeline is the cadence. Design of the pipeline, not a record of a run.

07Sources

Where the evidence comes from.

Named public datasets and institutional records, each with its licence class. Sources by agreement are used only under their terms and never republished.

SourceWhat it givesLicence class
IMF Fiscal Transparency Code and fiscal risk statementsStandards for disclosing fiscal risks and contingent liabilitiesPublic, IMF terms of use
Government financial statements and public accountsRecorded provisions, guarantees and contingent liabilitiesPublic records, licence per government
Public contract registers and procurement portalsWhich services are contracted out and to whomOpen data where published, licence per portal
Corporate annual reports and principal risk disclosuresHow firms describe their risks and dependenciesPublic records, terms per publisher
OECD reports on the governance of critical risksPractice on public-private cooperation in risk managementPublic, OECD terms of use
08Decisions

Who decides, and what the evidence serves.

Systemic Risk Management prepares evidence. The decisions below are taken by the authorities named, under their own rules, and never by the platform.

Who decidesThe questionEvidence this page serves
Ministries of financeWhich contingent liabilities to record, limit or provisionFiscal risk notes; support measures in past events
Commissioning public bodiesWhich continuity and exit terms to require in critical service contractsContract continuity reviews; supplier dependency maps
Corporate boardsWhich of the firm's risks fall on public services or communitiesShared exposure maps; national risk crosswalks

Outputs this topic produces

  • Maps of shared exposures between firms and public services
  • Fiscal risk notes on implicit public commitments
  • Contract continuity reviews for outsourced critical services
  • Crosswalks between corporate and national risk categories
09Core questions

What experts ask about mandates.

  • Which risks does each mandate cover, and which fall between them?
  • When a firm reduces its own risk, where does that risk go?
  • How do governments act as insurers of last resort, and how does that change private behaviour?
  • How can communities, which bear many consequences, take part in decisions about risk?
10Mechanisms

How risk moves between mandates.

Each mandate has its own objectives, accountability and tools. Because none of them sees the whole system, risk tends to flow towards whoever is least able to refuse it or least able to see it coming.

Enterprise

Risk transfer

Firms transfer risk through contracts, insurance and outsourcing. The risk does not disappear; it moves.

Sovereign

Implicit backstop

When losses are too large for others, public budgets absorb them, which can encourage risk-taking elsewhere.

Community

Residual risk

Households and communities carry what no one else covers, often with little voice in the decisions that created it.

11Methods and limits

How cross-mandate risk is analysed.

  1. 01

    Enterprise risk frameworks

    Structured processes for organizational risk. Limits: they focus inward and seldom capture risks imposed on others.

  2. 02

    National risk assessments

    Government assessments of major risks to a country. Limits: quality and openness vary, and private dependencies are often unclear.

  3. 03

    Distributional analysis

    Tracing who bears losses across groups. Limits: data on household exposure is often weak.

  4. 04

    Participatory methods

    Involving affected communities in risk assessment, supported by decision analysis. Limits: requires time, trust and resources.

12Methods

How it is studied, and what the methods cannot say.

  1. Decision analysis under uncertaintyMulti-criteria treatment choice · Decision trees for contingent plansApplied here
  2. Scenario design and stress testingCross-sector scenario design · Reverse stress testing · Second-round effectsApplied here
  3. Network science and contagionDependency network mapping · Centrality and concentration · Failure propagation simulationApplied here
13Questions

Questions and answers.

What is enterprise risk management?
A coordinated approach an organization uses to identify, assess, treat and monitor risks to its objectives across all its activities, usually under a framework such as ISO 31000 or COSO.
What is a contingent liability?
An obligation that depends on a future event, such as a loan guarantee or an implicit commitment to support a failing service, which may or may not become a cost.
Why connect corporate and public risk registers?
Because firms and public bodies often depend on the same infrastructure and suppliers. Linking their registers shows shared exposures that neither would see alone.
Why does risk transfer matter systemically?
Because transferred risk can concentrate in a few places, such as a single insurer, supplier or public budget, creating new points of failure.
Is public risk management different in kind?
It has broader objectives, including fairness, rights and public trust, and the government often cannot transfer its risks to anyone else.
Does the platform advise governments?
It publishes methods and evidence. Bounded technical assistance under a defined scope is a separate GCRI service that opens only with its terms and team.
Systemic Risk Management

Bring your expertise to this field.

The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.