Purpose and Progress
Husky builds risk management and mitigation practices into strategic planning and operational processes through the adoption of policies, standards, processes and best practices for equipment selection and personnel training and competency.
Enterprise Risk Management
The Enterprise Risk Management (ERM) program supports decision making through the comprehensive and systematic identification and assessment of hazards and risks that could impact the health and safety of people, property and the environment.
With ERM, Husky is able to provide greater certainty that risks are well managed, resulting in increased confidence amongst the communities in which it operates, as well as the Company’s shareholders, customers and suppliers.
It is a priority to identify and manage risk, understand the enterprise’s risk-drivers, and promote a culture of risk awareness.
Emergency Response Plans guide and support the Company's preparation and response to emergencies that have the ability to affect its people, the community, the environment and / or the Company’s assets and reputation.
Activation protocols, organization structures, processes, and plans are designed to ensure that all incidents are dealt with consistently, effectively and safely in a way that reflects Husky's policies.
Based on the Incident Command System (ICS), a standard emergency response model used across Canada and the U.S., the process provides for effective response to emergencies across Husky's operations. The ICS system streamlines the response so that the most important action items are addressed in priority order and under clear accountabilities.
Regular cross-departmental training and consistent, repeatable processes are an integral part of emergency preparation. In 2012, the Company had 158 emergency exercises, up from 85 exercises in 2011, which includes exercises conducted by third-party organizations where the Company provided representation. It is an active member of spill cooperatives and preparedness programs.
Emergency Response Plans (ERPs) are developed and regularly updated for all areas of operations. In 2012, the Company had 68 ERPs in place.
Includes exercises conducted by external organizations where Husky provided representation.
Business Continuity Planning
The Company develops and supports the contingency plans and measures necessary to mitigate the impacts of a business-interrupting event on people, the environment, its assets and reputation.
The plans incorporate and document strategies and procedures to assist in continuing business in the face of a disruption.
Husky has completed 72 Business Continuity Plans since the inception of the program in 2008. Exercises of these plans are conducted annually to maintain fit-for-purpose plans and response capabilities.