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Risk appetite / Risk team structure [39]

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Bullet points include: Hydro One Inc is largest electricity delivery company in Ontario, Canada Three businesses: transmission, distribution and telecommunications Main business (c. 99% of revenue) is transportation of electricity through high-voltage provincial grid and low-voltage distribution system to: Municipal utilities, large industrial customers, 1.2m end-users At time of case study, had total revenues of CAD 4.1bn, total assets of CAD 11.3bn and c. 4,000 employees It also had total equity of CAD 4.3bn (or 38% of total assets), and all shares were owned by the Ontario government

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