Risk and risk management
A good understanding of the risks to which Asker's operations are exposed and continuous monitoring of changes in the risk landscape is crucial to making well-informed decisions and supporting the Group's strategic goals. The Group therefore continuously analyses risks and ensures efficient management of those risks that could entail a significant negative impact.
Asker has established a framework for risk management that ensures that risks are routinely identified, analysed, assessed and followed up. The framework is adapted to the prevailing industry and market conditions, as well as the company’s business and operating model.
The framework includes strategic, operational, regulatory and financial risks, as well as sustainability risks. The purpose of risk management at Asker is to increase insight and understanding of the risks to which the Group is exposed, define risk ownership and ensure a high level of governance and control.
More information about the Group’s primary risks and risk management is available in Asker’s Annual and Sustainability Report.
