Risk evaluation
The next step in the process is to evaluate and prioritize risks.
Risks are evaluated at all levels of the organization with the aim of assessing which risks that needs to be prioritized in the risk management work. At Group level, the Group ERM Committee defines major risk focus areas that should be prioritized and require specific focus by Group Management the coming year. Additionally, the ERM Committee identifies other important risks which are to be delegated and/or handled in the day-to-day business.