Risk management

Coal & Allied's risk management plan ensures that potential business risks are identified early and that strategies are in place to ensure potential loss is minimised. The plan details the risk management policies and procedures for all Coal & Allied's operations.

The Directors of the Board are responsible for the company's system of internal control and for reviewing its effectiveness in providing shareholders with a return on their investment that is consistent with a responsible assessment and mitigation of risks. This includes reviewing financial, operational and compliance controls, and risk management procedures.

The directors have established a process for identifying, evaluating and managing the significant risks faced by the company, and this process is reviewed annually.