Risk Management
Risk registers were in place and maintained at all required sites, businesses and Corporate offices over the reporting period in line with our HSEC target.
In addition, over the reporting period, an HSEC risk assessment project was established, which will continue over the coming year. The project was the result of an analysis of historic incidents and accidents that suggested that HSEC risk assessment tools and techniques may not be adequately understood or applied consistently across our operations.
The project will build upon our existing approach to risk assessment and incorporate our Enterprise-Wide Risk Management processes, in order to drive a step change in risk assessment through:
- improved guidance in the application of various risk assessment techniques ranging from informal risk assessment through to Formal Safety Assessment
- HSEC Risk assessment training
- the establishment of a network of appropriate resources.
In addition, the project will also focus upon catastrophic risk management and related identification and assessment techniques.
