Only those who know the risks can avoid damage.
Therefore, we assess how innovations affect people’s safety, well-being and fundamental rights, as well as the environment. The aim is to identify potential risks to people and nature. And we recommend measures to reduce the risks. In this way, the positive opportunities of an innovation are enhanced and the negative ones reduced.
Risk assessment at a glance
When is a risk assessment useful?
A professional risk and impact assessment by a specialised innovation ethics agency such as innovethic® is particularly useful if you answer ‘yes’ to one or more of the following questions:
When you work for an innovative company:
- You want to maximise opportunities and minimise risks.
- You want a competitive advantage because your customers trust your products.
- You want to avoid a bad reputation.
- A risk assessment is required by law (e.g. DSGVO, upcoming EU AI Act, etc.).
- You want to avoid penalties and liability issues.
If you are involved in research:
- Requirements of the tender criteria
- You want the best from innovation
If you work for a public authority:
- You want to make sure that an innovation / an algorithm that is used is in compliance with the law.
- You want to ensure that an algorithm is not discriminatory
When you invest in innovation:
- Ethical investment is important to you
Then innovethic® Risk Assessment is the right investment for your innovation strategy.
Do you want to find out what the biggest risks of your innovation are? And how to avoid them?
This package creates the perfect foundation for seizing the opportunities of innovation and avoiding the risks:
- You will learn to understand the opportunities and risks in detail
- Which stakeholders see which risks
- How the risks can be taken into account and mitigated in further development steps
- You can use the risk assessment as a requirement for your internal testing.
This makes our approach unique
Find out here what we value most as an innovation ethics agency and what you can expect from us.
- Strategic approach
- Customised packages
- Certificates (ForHumanity)
- Cooperation with the best
Frequently asked questions about risk assessment
The amount of work involved can vary greatly depending on your needs and the project. Therefore, we will discuss your objectives and requirements in detail before making you an offer.
Again, this is very much dependent on your requirements and the project. Depending on your needs and the purpose of the risk assessment, the result can be different. It could be a detailed report on the nature and extent of the risks, a report with recommendations on how to reduce the risks, the basis for an internal test plan, or a numerical ranking of the risks.
Start your cooperation with innovethic® now!
Send us your request for a no-obligation initial consultation – we will get back to you as soon as possible.
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