Risk Management Policy summary

The Company sets out clear requirements for the management and reporting of Risk to support the delivery of the Company’s strategic objectives and its financial targets.  

The Policy applies to two major categories of risk: Project Risk and Business Risk.

Our Policy covers the following requirements:

• Identify, analyse and evaluate Project Risks, ensure mitigation actions are delivered and progress monitored in all appropriate Lifecycle Management (LCM) Framework reviews;
• Ensure that Business Risks in the business / function are identified, analysed, evaluated and mitigated;
• Assign ownership of each Risk and mitigation plan to team members to be accountable for managing the Risk and ensuring mitigation plans are fulfilled and appropriately recorded and reported; and
• Report Business Risks at the relevant quarterly reviews.

 
Publication date: 20 May 2025