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3 Key Risk Management Responses to the Coronavirus | Risk Management Monitor
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The novel coronavirus 2019-nCoV continues to spread throughout China and other countries, seriously impacting business operations around the world. As governments and companies act to protect their citizens, operations and employees at home and abroad, these actions threaten to produce business interruptions, travel risks and other effects that could be detrimental to business continuity.

Here are three approaches to limit risk from the coronavirus:

  • Take Travel Precautions
  • Develop a Response Plan
  • Consult Reputable Information Sources

AEMO - Media release: Heatwave conditions in Victoria
Last week AEMO released a statement about the coming heatwave conditions in Victoria, stressing the importance of business continuity arrangements.
AEMO and the electricity industry are working together to minimise the impact on the community, particularly major health facilities, emergency services and public transport. However, these services can still be affected and should have business continuity arrangements in place.
CDC coronavirus situation summary

Outbreaks of novel virus infections among people are always of public health concern. The risk from these outbreaks depends on characteristics of the virus, including whether and how well it spreads between people, the severity of resulting illness, and the medical or other measures available to control the impact of the virus (for example, vaccine or treatment medications).


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This is a very serious public health threat. The fact that this virus has caused severe illness and sustained person-to-person spread in China is concerning, but it’s unclear how the situation in the United States will unfold at this time. The risk to individuals is dependent on exposure. At this time, some people will have an increased risk of infection, for example healthcare workers caring for 2019-nCoV patients and other close contacts. For the general American public, who are unlikely to be exposed to this virus, the immediate health risk from 2019-nCoV is considered low. The goal of the ongoing U.S. public health response is to prevent sustained spread of 2019-nCov in this country.
Bank 2030 | Cambridge University Institute for Sustainability Leadership
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The Chief Executives of some of the world’s largest banks created the Banking Environment Initiative (BEI) in 2010. Its mission is to lead the banking industry in collectively directing capital towards environmentally and socially sustainable economic development. The Banking Environment Initiative is convened by the University of Cambridge Institute for Sustainability Leadership (CISL), which also provides the Secretariat. Decisions and positions of the group do not represent the policies or positions of CISL or of the wider University of Cambridge.

This project sets out to understand ‘how banks can accelerate the financing of the low carbon economy’ and, by doing so, develop a vision for a bank of 2030.

Download the report


Australia to deny entry to travellers from mainland China unless they’re Australian citizens | SBS | 1 Feb 2020
Australia will deny entry to all travellers from mainland China unless they’re Australian citizens, amid growing fear surrounding the deadly coronavirus, Prime Minister Scott Morrison has announced. While citizens, permanent residents and their immediate family, legal guardians and spouses will be excepted from the strict measures, Mr Morrison said anyone arriving from China will be required to self-isolate, as part of the stricter border approach.
Statement on the second meeting of the Emergency Committee | WHO | 30 Jan 2020

The second meeting of the Emergency Committee convened by the WHO Director-General under the International Health Regulations (IHR) (2005) regarding the outbreak of novel coronavirus 2019 in the People’s Republic of China, with exportations to other countries, took place on Thursday, 30 January 2020, from 13:30 to 18:35 Geneva time (CEST).

The Committee’s role is to give advice to the Director-General, who makes the final decision on the determination of a Public Health Emergency of International Concern (PHEIC). The Committee also provides public health advice or suggests formal Temporary Recommendations as appropriate.

Personal health advice from the WHO


WHO’s standard recommendations for the general public to reduce exposure to and transmission of a range of illnesses are as follows, which include hand and respiratory hygiene, and safe food practices:


  • Frequently clean hands by using alcohol-based hand rub or soap and water
  • When coughing and sneezing cover mouth and nose with flexed elbow or tissue – throw tissue away immediately and wash hands
  • Avoid close contact with anyone who has fever and cough
  • If you have fever, cough and difficulty breathing seek medical care early and share previous travel history with your health care provider
  • When visiting live markets in areas currently experiencing cases of novel coronavirus, avoid direct unprotected contact with live animals and surfaces in contact with animals
  • The consumption of raw or undercooked animal products should be avoided. Raw meat, milk or animal organs should be handled with care, to avoid cross-contamination with uncooked foods, as per good food safety practices.


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