Risk management
The Sandvik risk management process aims to support our business in managing and mitigating critical risks which may impact our ability to achieve our financial targets and strategic objectives.
ERM – a part of our strategic work
To effectively identify and manage risk is an important element of business success for all parts of the Sandvik business.
Sandvik has an Enterprise Risk Management (ERM) program that covers all business areas, divisions, and functions within the Group.
Read more about risk management and ERM in the Annual Report
Sandvik Group key risks
The Sandvik Group risk profile is based on the bottom-up ERM process where the divisions, business areas and functions first make their assessment and the Group Risk Management Network then makes recommendations for a new Group risk profile based on the outcome of these assessments.