The Board of Directors holds ultimate responsibility for establishing and overseeing North South Power Limited’s comprehensive risk management framework. Our Risk Management policies are meticulously crafted to identify and analyze potential risks, establish appropriate risk limits and controls, and ensure continuous monitoring of these risks along with adherence to established limits
Overview
Continuous Improvement
To stay ahead in a dynamic market, we regularly review and update our Risk Management policies and systems. This ensures they remain relevant and effective in light of changing market conditions and evolving company activities. Our proactive approach allows us to anticipate and mitigate risks, safeguarding our operations and interests.
Training and Standards
At NSP, we foster a disciplined and constructive control environment through rigorous training and robust management standards and procedures. Every employee is thoroughly trained to understand their roles and obligations, ensuring they contribute effectively to our risk management efforts. This culture of awareness and accountability is integral to our risk management strategy.
Governance
Our robust governance framework ensures responsible decision-making and steadfast commitment to our stakeholders and communities