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Risk management

Managing risks effectively is fundamental to the success of our business and we apply rigorous criteria across our operations and functions. We also operate to top quartile quality, health, safety and environmental (QHSE) standards, and we monitor and manage each of these areas.

We evaluate the risks according to the common set of assessment criteria deployed across business units, corporate functions and large capital projects; and then rank and prioritise risks by importance and by comparing their level against predetermined target risk levels and tolerance thresholds.

For all major risks we have developed a response strategy and mitigation plans, with deadlines and responsibilities – so if a serious risk ever materialises, we know how we will react and will react quickly.

Quality, health, safety and environment (QHSE)

The key team responsible for managing QHSE risks is our Risk Committee. They monitor our business operations, identify and record important risks, and formally review and update our Risk Register and Mitigation Plan each quarter.

Enwell Energy’s QHSE policies are overseen by our HSE Committee and are robustly enforced via management meetings, training and the work of our safety experts. The overall aim is always to ensure that the impact of our work on our staff, contractors and the environment is as low as is practically possible.

We operate a Near Miss system, collecting and addressing reports on Near Miss incidents to monitor and improve occupational health and safety.

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