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CHAPTER 4

3.4. Step-by-step guide on how to create and

implement the Sustainability Risks Matrix

The Sustainability Risks Matrix

O3-A1: Intergenerational approach and collaborative training guidelines

As a first step partners will develop the methodology for an intergenerational approach as chosen to
Step 1. Identify Sustainability Risks: Identify relevant sustainability risks
deliver the training. The aim of this output is to create long term relationships between an
considering environmental, social, and economic factors in your fashion
entrepreneur, responsible for running a retail business and a youth, who will help them introduce
business.
sustainable changes to the business. In order to reach this objective, a framework for the

collaboration will be developed. The relationship will be be voluntary and included as such in the
Step 2. Define Severity and Probability: Define risk severity based on
framework but encouraged in order to maximise participation in the training activity and further
potential impact on the business and stakeholders.
apprenticeship programmes. Partners will explore existing suitable frameworks that can be used in
Step 3. Create Risk Matrix: Assess the probability of each risk occurring
the RETAIL project. In addition, partners will seek involvement of relevant networks to increase the
using historical data and expert insights.
project scope. For instance, DCC is a member of the Enterprise Europe Network with EASME
actively encouraging members to collaborate and engage with all relevant EU projects. Partner will
Step 4. Evaluate and Prioritize: Create a risk matrix with categorized zones
also explore other relevant programmes such as mobility programmes (Erasmus+, Erasmus for
(low, medium, high) to prioritize and manage risks effectively.
young entrepreneurs), etc. From this work, a methodological report will be issued.