ERCL Annual Report | Page 15

Risk management There are many risks to the Trust’s service delivery and these can affect our performance, our customers and members of the public. Managing our risks effectively is essential in achieving our strategic outcomes and targets, creating confidence among service users and the public, and ensuring effective governance. Effective risk management also allows us to deliver service improvements taking account of the context and environmental factors. As the culture and leisure business environment is customer driven and internal and external changes to that environment ultimately influence overall performance risk factors could have an impact on service delivery require to be identified on an annual basis with appropriate actions to minimise such risks. Therefore the management team carries out an annual risk analysis and a Risk Register with appropriate actions is identified to minimise the impact on service delivery and overall performance. This register is reviewed on a sic monthly basis and reported to the Finance Audit and Risk Committee who scrutinise the progress of the register and where appropriate report to the Board to assist in managing the risks to the Trust. The main external risk to East Renfrewshire Culture and Leisure Trust is the continued funding required from East Renfrewshire Council to allow the trust to deliver services on the Council’s behalf. The Board are delighted that the council committed over £3m over the first three years of the trust (2015-2018) to support and develop the culture and leisure portfolio and have also been supported by a capital programme to help enhance and improve both new and existing facilities. In addition our insurance company, Zurich, review our insurance cover on an annual basis to highlight any uninsured risks and exposure elements of cover that require adjusting or deleting. Insurance cover based on this assessment is in place.