Identifying, managing & minimising business risks to protect the people, the environment & the business.

As an organisation operating in remote areas and reliant on the environment to produce our primary products (pearls), understanding and managing our impacts on the environment and the communities in which we operate is critical to our success. We recognise that potential impacts on the environment as a result of our operations such as pollution, could pose a risk to our business. Any impact on the sensitive local biodiversity can affect our ability to produce pearls to our quality standards. As such, environmental impacts can present a genuine risk to our business.

We have an operational risk committee whose role is to identify risks and impacts for inclusion on the risk register to be considered by our Board. This includes assessment of environmental, social, and governance risks which may arise in our operations. Risks are identified and assessed for the Indonesian operations at a management level and for corporate risk this is done at the corporate level. The risk register is reviewed by the Board at quarterly intervals during the normal course of Board meetings.