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Risk and risk management

Asker has established a framework for risk management in order to regularly identify, analyse and monitor strategic, operational, regulatory, and financial risks, as well as sustainability risks.

Risk management is an integral part of the Group’s business planning process and monitoring of business performance. The framework is adapted to the prevailing industry and market conditions in which the Group operates, and the company’s business and operating model.

Monitoring and reporting of risk and action plans are continuously followed by Asker’s Management Team and is regularly reported to the Audit Committee and to the Board.

More information about the Group’s primary risks and risk management is available in Asker’s Annual and Sustainability Report on page 67-70.