Board Risk Appetite Statement

Within the Australian wood products sector, FWPA is a high-profile organisation facilitating research and development, promoting and providing services to industry. As a custodian and investor of member funds in research and development and industry promotion, FWPA strives for a highest level of financial and legal compliance, aiming to maintain its reputation as an efficient and professional organisation. Risk management is the responsibility of the whole Board but is managed by the Finance and Risk Management Committee. The following Risk Appetite Statement has been prepared with reference to and supports FWPA’s Risk Management Plan and its Risk Register.