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The Global Risks Index
NXS-GRX · Legal notices

Legal notices

What NXS-GRX is and is not, who stewards it, and how names, data and privacy are handled.

Usage terms
Page GRX-LGLEdition Baseline Edition 2026Evidence close 2026-09-30Values not yet publishedSnapshot 31a753f76
01Terms

Usage terms

Intended use
Research and risk-analytics information
Not a credit rating
NIS outputs are indicator composites with published methodology, not opinions on the creditworthiness of any entity, debt or issuer, and use no rating-category scale (EU Regulation 1060/2009 and equivalents).
Not an ESG rating
NIS outputs are not ESG ratings of undertakings, issuers or financial instruments; scoring an entity's ESG profile for third parties in the EU needs ESMA authorisation under Regulation (EU) 2024/3005 (applies from 2 July 2026).
Not a benchmark
NIS indices are not licensed as benchmarks for financial instruments, financial contracts or fund performance; any such use needs a separate licence and an administrator assessment under the EU and UK Benchmarks Regulations and the IOSCO principles.
Not official statistics
NIS outputs are Nexus-modelled; they are not official statistics and are not endorsed by any source publisher.
Not for natural persons
NIS outputs must not be used to evaluate natural persons (creditworthiness, insurance pricing, access to essential services); such uses are high-risk under the EU AI Act Annex III.
Attribution
Derived values carry the attribution chain of every licensed input; share-alike and non-commercial inputs are excluded from commercial products.
Private data
Tenant datasets stay in the tenant's scope; personal data is refused; outputs inherit the most restrictive confidentiality of the datasets used.
02Institutions

Institutions

The Nexus Consortium is stewarded by three independent not-for-profit institutions: GCRI Canada as Lead Institution, Consortium Secretariat and lead contracting organization, The Global Risks Forum (GRF) and The Global Risks Alliance (GRA). Technology, infrastructure and service providers work with the Consortium at arm's length under written agreements, like every other external party in the public-private-planet model, and hold no role in its stewardship.

GCRI Canada leads the public-good Nexus Consortium as Lead Institution, Consortium Secretariat and lead contracting organization. GRF and GRA retain independent institutional mandates as consortium stewards. Technology, infrastructure and service providers act at arm's length and have no control over institutional governance, research, publications, national priorities or customer, sovereign and community data.

03Names

Names and marks

External index, standard and organisation names belong to their stewards and are cited for interoperability only. Risk classes are bands on a published scale; they are not rankings, ratings or judgements of any country or people. Country names follow UN M49; a listing takes no position on the status of any territory. Map boundaries are shown at 1:110m for location only.

04Privacy

Privacy

The pages set no tracking cookies; the appearance choice is stored only in the reader's browser, and the IBM Plex fonts are requested from Google Fonts when the page loads. Contributions ask for a contact only; personal data is never used to compute a value.

Status

The methodology, structure and definitions of The Global Risks Index are a preparatory working draft (2026), circulated for review and comment and not for implementation. No value appears until an edition is released from a governed evidence cut; values then carry intervals, classes, sources and their correction pathway. Simulators run the published methods on numbers you choose and never show a NXS-GRX value.

A country profile reads public evidence about a place. It is not a statement by or about the policy of any government, takes no position on the status of any territory, and does not imply a national programme or participation. Names follow UN M49.

What NXS-GRX is not

NXS-GRX is research and risk-analytics information. It is not a credit or ESG rating and uses no rating scale, not a benchmark for financial instruments, not official statistics, not an emergency warning or official classification, and not advice. It must not be used to evaluate natural persons. Risk classes are bands on a published scale, never rankings of countries or people.

Pulse signals and outlook probabilities are information for review by competent authorities, never public warnings; official warnings come only from mandated authorities.

Institutions and sources

The Nexus Consortium is stewarded by three independent not-for-profit institutions: GCRI Canada as Lead Institution, Consortium Secretariat and lead contracting organization, The Global Risks Forum (GRF) and The Global Risks Alliance (GRA). Technology, infrastructure and service providers work with the Consortium at arm's length under written agreements, like every other external party in the public-private-planet model, and hold no role in its stewardship.

Every value carries the attribution of its sources, which keep their own licences. External names are cited for interoperability only. Nexus-authored text is intended for CC BY 4.0 on release.

Avis en français

La méthodologie et les définitions du NXS-GRX sont un projet de travail préparatoire (2026). Le NXS-GRX est une information de recherche et d'analyse des risques : ni notation, ni indice de référence financier, ni statistique officielle, ni alerte, ni conseil. Les classes de risque sont des bandes sur une échelle publiée, non des classements.