Risks
Enbridge requires management teams in each business unit to review and regularly report on the risks they face and the controls they have in place to manage them. Enbridge Inc.’s Board and its Audit, Finance and Risk Committees oversee the annual corporate risks review, and monitor Enbridge’s risk management program, in consultation with internal and external auditors.
Other Board committees also oversee the implementation and monitoring of risk management systems related to their respective areas of oversight. Results of this process and comprehensive environment, health and safety reports from our business units are presented each year to the CSR Committee.
Enbridge’s business activities are subject to a variety of risks, including operating, market price and credit risks. We have formal risk management policies and systems designed to mitigate these risks.