RISK MANAGEMENT
We consistently implement sustainability risk management at every operational level, aligned with global standards. Our policies help identify hazards and better ways to manage, eliminate or mitigate them.
Financial, operational and market risks are an integral element of commodities trading and physical supply. They cannot be entirely avoided, but must be planned for and managed. Apogee maintains sophisticated risk management systems, processes and controls. Risk policies are determined centrally, exposures are analyzed daily, and our procedures are continuously reviewed and updated.
We apply a range of risk management tools to minimize overall exposure at any one point in time. These include:
- Financial derivative instruments to hedge commodity price fluctuation and foreign currency exchange rate risks
- Insurance to hedge various operational risks including freight-related risks
- Due diligence prior to acquisition
- Ready access to sufficient capital and funding to hedge liquidity risk
- Strict procedures to hedge counterparty relationships, fraud and regulatory risks
- Financial derivative instruments to hedge commodity price fluctuation and foreign currency exchange rate risks
- Insurance to hedge various operational risks including freight-related risks
- Due diligence prior to acquisition
- Ready access to sufficient capital and funding to hedge liquidity risk
- Strict procedures to hedge counterparty relationships, fraud and regulatory risks