Risk Management and Compliance Framework
Last updated: November 2025
Thor Technologies maintains a proactive risk management and compliance framework that supports sustainable growth, protects stakeholders.
1. Purpose
To identify, assess, and control risks that could impact Thor’s objectives, operations, reputation, or legal obligations.
2. Scope
Applies to all employees, departments, suppliers, and contractors engaged with Thor Technologies.
3. Risk Categories
- Strategic and financial risks
- Operational and product safety risks
- Environmental and sustainability risks
- Legal, regulatory, and compliance risks
- Cybersecurity and data protection
- Supply chain integrity and modern slavery exposure
4. Compliance Commitment
Thor complies with all relevant Australian laws and standards including:
- Australian Consumer Law (ACL)
- Work Health and Safety Act 2020 (WA)
- Privacy Act 1988 (Cth)
- EESS and ERAC regulations
5. Governance and Review
Risk and compliance are overseen by the Managing Director.
The framework is reviewed annually and updated as business conditions or regulations evolve.
