Scribd
Upload
25 views

Matrix Probability vs. Impact

The document presents a matrix assessing risks based on probability and impact, categorizing them into low, medium, and high risk. It lists five key issues related to sustainability, detailing their probability, impact, risk score, and recommended responses. The issues include high carbon footprint, dependence on non-renewable energy, waste management concerns, regulatory barriers, and consumer behavior related to greenwashing.

Uploaded by

a2k23nguyenminhanh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
25 views

Matrix Probability vs. Impact

The document presents a matrix assessing risks based on probability and impact, categorizing them into low, medium, and high risk. It lists five key issues related to sustainability, detailing their probability, impact, risk score, and recommended responses. The issues include high carbon footprint, dependence on non-renewable energy, waste management concerns, regulatory barriers, and consumer behavior related to greenwashing.

Uploaded by

a2k23nguyenminhanh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Matrix Probability vs.

Impact
Probability
Very High 0.5 0.05 0.10 0.15 0.20 0.25
High 0.4 0.04 0.08 0.12 0.16 0.20
Medium 0.3 0.03 0.06 0.09 0.12 0.15
Low 0,2 0.02 0.04 0.06 0.08 0.10
Very Low 0.1 0.01 0.02 0.03 0.04 0.05
10% 0.2 0.3 0.4 0.5
Very Low Low Medium High Very High
Impact

Low Risk Medium Risk High Risk


Issue List & Risk Assignment
Issue Probability Impact Risk Risk Response (Solution)
Score Level
Issue 1: High High Very 0.20 High Implement renewable
Carbon Footprint High energy sources in
from Production production, adopt
sustainable materials,
and improve
efficiency in dyeing
processes.

Issue 2: High High 0.16 High Transition to


Dependence on renewable energy,
Non-Renewable advocate for
Energy industry-wide
sustainable policies,
and invest in energy-
efficient
technologies.
Issue 3: Waste Very High Medium 0.15 High Implement Circular
Management Economy Principles,
Concerns improve textile
recycling efficiency,
and encourage
second-hand markets.
Issue 4: Medium High 0.12 Medium Develop compliance
Regulatory & strategies, invest in
Compliance sustainable
Barriers infrastructure, and
monitor regulatory
changes proactively.

Issue 5: Consumer Medium Medium 0.09 Medium Increase transparency


Behavior & in supply chains,
Greenwashing acquire third-party
sustainability
certifications, and
enhance consumer
education on
sustainability.

You might also like