internal control systems in the areas of environmental, health and safety, ii) receives reports on the nature and extent of compliance or any non-compliance with environmental, health and safety policies, programs and applicable legislation and establish plans to correct deficiencies, if any, and to report to the Board on the status of such matters, iii) reviews with management the following items as they relate to environmental, social, sustainability, health and safety matters: the Corporation’s policies with respect to risk assessment and risk management, the Corporation’s major financial risk exposures, the steps management has taken to monitor and control such exposures, the effect of relevant regulatory initiatives and emerging trends, and all material claims, demands and legal proceedings against the Corporation, and iv) apprises the audit committee of the Board of significant changes in financial risk exposures or potential disclosure issues relating to environmental, social, sustainability, health and safety matters.