Pacific National’s vision is to be recognised as Australia’s most trusted and respected logistics partner.
To achieve this, we have adopted an enterprise-wide approach to identifying and effectively managing risk. Our approach to risk is underpinned by a range of detailed systems, programs and policies including:
- a delegations of authority framework;
- a comprehensive Health, Safety and Environment management system;
- an environmental regulation compliance policy and improvement initiatives;
- annual strategic planning reviews and risk assessments;
- annual budgeting and monthly reporting systems to monitor performance against targets;
- a Board-approved treasury policy to manage exposure to credit, liquidity and market risk; and
- a comprehensive annual insurance program.
Pacific National’s Risk Management Framework delivers an integrated approach to managing risk across all aspects of the business.