Risk Management

KL attaches great importance to its risk management and acts rigorously to mitigate risk. KL manages risk in a way that is supportive of its strategic priorities, which aim to protect its future financial security and flexibility. Understanding the risks that we are exposed to, establishing our risk appetite and how these risks change over time is critical to our risk management approach.

KL’s business model encourages long-term value creation and a conservative approach to risk tolerance. The CEO and senior management have established a corporate culture that values accountability, responsibility and communication throughout all of KL’s business segments.

Three strong pillars of KL in terms of Risk Management are as follow:

• Identification
• Mitigation
• Monitoring