Risk Management Policy
Infigen has adopted a Risk Management Policy, consistent with leading risk management standards including International Standard ISO 31000 (based on AS/NZS 4360:2004), which clearly define responsibilities for managing risk under Infigen’s Enterprise Risk Management (ERM) framework. The ERM framework aims to facilitate the achievement of business objectives by ensuring appropriate responses to all potential risks.
Infigen’s Risk Management Policy aims to establish a sound system of identifying, analysing, evaluating, treating, monitoring and communicating risk. The Policy forms part of the ERM framework and is intended to:
- Provide a system for identifying and managing risks across the business;
- Communicate the roles of the Board and management responsible for implementing and managing the ERM framework;
- Clearly establish the risk appetite acceptable for Infigen’s business.