Posted: January 10th, 2022
According to CSL Limited’s statements: In 2017, the Board and Global Leadership Group adopted an internal ‘Risk Appetite Statement’, to be implemented throughout the CSL Group. CSL’s risk appetite is integral to the company’s overall risk management processes and the Risk Appetite Statement sets forth the types and extent of risk that CSL is willing to accept in pursuit of its global strategic objectives, while adhering to CSL’s core values and reinforcing its commitment to corporate responsibility. How does this Risk Appetite Statement fit within a structured approach to risk management? (LO 18.2)
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