This sample charter outlines the responsibilities and duties, membership and operations, and meetings and attendance for an organization’s enterprise risk management (ERM) committee.

In this sample, the ERM committee should monitor the company’s risk environment and provide direction for the activities to mitigate, to an acceptable level, the risks that may adversely affect the company’s ability to achieve its goals. The committee facilitates continuous improvement of the company’s capabilities around managing its priority risks, and individuals on the committee may have specific risk management tasks as part of their primary management role at the company.