At the company level, Wm employs an enterprise risk management Erm process that involves senior leaders and subject matter experts from all major divisions to evaluate the materiality of risks across the enterprise. This process involves conducting top-down and bottom-up reviews across all headline risk areas. This process involves meeting with each member of the Senior Leadership Team and select group Area Vice Presidents to identify emerging risks and prioritize them for in-depth analysis. Bottom-up reviews are conducted in workshop format with all subject matter experts from various departments to obtain a standardized score.