Effective risk management remains critical to our success. The Board has overall responsibility for Kier-wide risk management and sets the Group’s risk appetite. We continually review our approach to risk management, taking into account the need to balance risk and opportunity. 

The Group’s principal risks and uncertainties for the year ended 30 June 2021 and a summary of the actions taken to mitigate those risks is set out on pages 37 to 41 of the 2021 annual report.

The Board has delegated responsibility for the oversight of the Group's risk management and internal control systems to the Risk Management and Audit Committee.

Further information on the role of the RMAC is set out on pages 86 to 93 of the 2021 annual report.