Clariant’s Executive Committee, which is superior to the Sustainability Council, gives the guidelines for sustainable management and the corresponding control - the relevant templates come from the respective departments. The members of the Board of Directors and especially the Executive Committee have extensive expertise in economic, ecological, and social issues. In order to be kept up-to-date about current trends and developments to the aforementioned issues, their members collect information regularly from the responsible Corporate Functions and Business Units or they participate in appropriate events. The »Enterprise Risk Management« (ERM) is a system initiated by the Executive Committee to identify, evaluate and manage risks to the company’s business operations. It monitors specifications, measures and developments. A successful and sustainable business also depends on the recognition of possible risks and how they can be prevented and limited. For more information see the Clariant Annual Report 2015.