Enterprise Risk Management
We have in place an enterprise risk management (ERM) process that involves systematic risk identification and mitigation covering the categories of enterprise, strategic, financial, non-financial, operational, compliance and reporting risks. The ERM process receives Board of Directors and management oversight, drives risk mitigation decision-making and is integrated into our internal audit planning and execution cycle.
Climate Risk Management
Our Board of Directors is committed to overseeing ESG strategy and initiatives, including those related to climate risks and opportunities. The role of assessing climate risks and opportunities resides with the Risk Management and Sustainability functions. Our Sustainability team works with internal stakeholders from multiple functions to monitor environmental metrics and promote accountability on an ongoing basis for achieving our science-based emissions reduction goals and mitigating risks.