We manage risk proactively to create and protect value, deliver continuous improvement and support business decision making. Sustainability risk management across the Group is based on our general approach to the identification, assessment and mitigation of risk. Our risk management framework is aligned with international standards and provides a standardised approach to managing our health, safety, environment, community and reputational risks, as well as those linked to the management of financial and legal issues.
Risk management framework
Our assets use this framework to identify hazards, particularly those with potentially major or catastrophic consequences. It is also the basis on which they develop plans to address and eliminate, or mitigate, related risks. Management tools such as protocols, training packages, software and reporting processes are available. We require assets to develop protocols for addressing hazards that could cause fatalities.