Governance and CSR Management

Enterprise Risk Management

Our approach to identifying and managing risk is, and has always been, critical to how Nevsun does business. The enterprise risk management process is coordinated by the Chief Development Officer and managed by senior management, with direct oversight by the CEO and the Board. Key strategic, operational and financial risks, as well as opportunities, are given a comprehensive review, at minimum, on a quarterly basis.  The Company’s risk register contains a list of actions that ensure risks are either avoided or mitigated (to an agreed-upon level of risk tolerance). The risk register is updated monthly, by the appropriate business owner of the risk. The results of the risk management process are reviewed quarterly by the Audit Committee, and semi-annually by Nevsun.