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.