• Evaluating whether the level of risk being accepted is consistent with levels of risk approved by the DIC Material Management Committee;
• Implementing systems and processes for the consistent identification and analysis of risks, existing controls and control effectiveness.
• Involving all DIC Material employees and relevant stakeholders in managing risks and communicating identified key risks and controls;
• Understanding the internal and external business environment and the effect this has on our business strategy and plans. This will inform DIC Material’s overall tolerance to risk;
• Using innovative and creative thinking in responding to risks and taking action where it is determined that the company is being exposed to unacceptable levels of risk; and
• Regularly monitoring and reviewing our risk management framework, our risks and key controls.