Risk and mitigation strategies followed at Eastmen are
Risk Acceptance
Risk Avoidance
Risk Limitation
Risk Transference
As a part of our risk management we closely monitor
Financial risks
, which are typically well controlled and are part of the routine management discussions.
Operational risks
, are typically managed from within the business and often focus on health and safety issues where industry regulations and standards require.
Hazard risks
, often stem from major exogenous factors, which affect the environment in which the organisation operates.
Strategic risks
, are typically external and addressed by senior management team.