The risk intelligent enterprise

Risk is nothing new to the energy industry. Indeed, the past few decades have witnessed spectacular examples of risk events and consequences. Damage to energy infrastructure from natural disasters, loss of assets from expropriation, failures in corporate governance, losses from derivative trading, and downgrades in credit ratings are just a few of the perils faced by energy companies.

This paper outlines key trends, issues, and drivers surrounding enterprise risk management (ERM) in the energy industry. It introduces the ERM capability and capability maturity model concepts, outlines challenges in building risk intelligent energy enterprises, and describes a way to move forward with ERM.

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The risk intelligent enterprise: ERM for the energy industry (PDF 220KB)
Deloitte global report