Forecasting and evaluating risks to minimize issues and optimize production.
Shawcor’s Enterprise Risk Management (ERM) System provides our board and senior management with assurance that risks in our businesses are continuously identified, assessed, monitored and mitigated through management actions. ERM supports our ability to consistently deliver world-class operational excellence and provide solutions to our customers’ biggest challenges. Together, our management systems, operating conditions, organizational structures, processes, procedures, standards and code of conduct form a system of internal control that governs how we operate and manage associated risks in our business and value chain. Shawcor’s risk management framework addresses operational risk management, business and strategic risk management, risk oversight and governance, and our comprehensive audit program.