Our industry is fraught with danger. Risk identification and management are critical components of accomplishing the Company Objectives. The risk may show itself in a variety of ways and tends to influence the Company’s financial, market, operational, regulatory, reputation, community, environmental, and safety performance, hence the fulfillment of Company Objectives. We deliver better predictability and confidence for our workers, suppliers, and customers, as well as, the communities in which we operate, by understanding and managing risk.

Risk management that is successful can provide a competitive edge. We exercise, deploy, and implement our risk management skills to optimize the value of our business assets, initiatives, and other business opportunities, as well as, to support our efforts to encourage innovation and enterprise-level development. Risk management will be integrated into our core business operations, functions, and procedures. Understanding risk and our risk tolerance will be critical factors in our decision-making.