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Fortis
Fortis

Energy / Utilities and Energy Services

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Risks

1. Regulatory Risk: Government regulations, policies and incentives can have significant impacts on the way FortisBC does business.


2. Environmental Risk: The company operates in a variety of environments, including natural gas and electricity fields, and can be affected by extreme weather events, fire, and other environmental risks.


3. Financial Risk: The fluctuation of commodity prices and changes in market demand can have a significant impact on the financial security of the company.


4. Operations Risk: Events such as equipment failures and cyber-security threats can cause costly disruptions to operations if not adequately addressed.


5. Reputational Risk: Consumers have become increasingly concerned about environmental and social responsibility, which can have a significant impact on the company’s reputation if not managed effectively.


6. Human Resources Risk: Recruiting and retaining the right employees is essential for maintaining the company’s success. Without an engaged and committed workforce, FortisBC’s business operations could suffer.


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