Risk management

Pacific National’s approach to risk is based on best-practice international standards and is underpinned by a range of detailed systems, programs and policies including:

  • delegations of authority;
  • a comprehensive Health, Safety and Environment Management System;
  • an environmental regulation compliance policy and improvement initiatives;
  • annual strategic planning reviews to identify risk;
  • 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 Enterprise-Wide Risk Management Framework delivers an integrated approach to managing risk across all aspects of the business and is reviewed and updated every two years.

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