Risk Management

Risk is an inherent part of our business operations, core to aligning to our Purpose and we approach it with the same deliberate, strategic consideration as other aspects of the business. 

We hold annual top-down or bottom-up reviews that provide information and evaluations that the Risk Management Committee uses alongside the Risk Appetite and Risk Velocity ratings for our Principal Risks to create an effective system for monitoring, planning and developing our Group-wide approach and culture regarding risk.

The year-on-year trend for each Principal Risk is assessed and updated and Risk Appetite and Risk Velocity ratings validated for each of the Principal Risks.

External Factors

1. Economic and political instability

Operations

2. Ageing enterprise systems
3. Cybersecurity
4. Loss of manufacturing output at any Group factory (loss of key supply site)

Strategic

5. Failure to realise acquisition objectives
6. Inability to identify or respond to changes in customer needs: digital/non-digital

Compliance and Responsibility

7. Breach of legal and regulatory requirements (including ABC laws)

You can read more in our 2025 Annual Report, which can be downloaded here