At Sembcorp, our Enterprise Risk Management (ERM) philosophy is based on the need to optimise our balance of risk and return, in accordance with our commitment to deliver sustainable value.
Our ERM framework embeds risk management into key business processes. This provides an integrated, systematic approach to identifying, evaluating, controlling and reporting risks. Implementation is overseen and driven by board-accountable ERM oversight structures that are in place at all appropriate levels.
As we continue strengthening our ERM framework, our aim is to create a strong risk management culture which safeguards the value of our businesses.