What does risk communication involve?

Risk communication is fundamentally about the exchange of information regarding risks among various stakeholders. This process ensures that all parties involved—such as employees, management, clients, and the public—understand the nature of the risks, the potential impacts, and the measures being taken to mitigate those risks. Effective risk communication helps to build trust, facilitate informed decision-making, and promote safety by keeping everyone informed about relevant risks and the actions being taken to address them.

The focus of risk communication is not solely on tracking risks over time, documenting them, or the decision-making process associated with managing them. While those aspects are important within the broader context of risk management, they do not capture the essence of risk communication, which is primarily concerned with the dissemination and exchange of risk-related information.