Committee of Chief Risk Officers

The Committee of Chief Risk Officers (CCRO) is an independent non-profit corporation based in The Woodlands, Texas. Founded in 2002, the organization comprises member companies dedicated to promoting best practices within the energy sector. With a team of five employees and generating $2.5 million in annual revenue, the CCRO focuses on developing, publishing, and disseminating resources that enhance the financial health and effectiveness of energy companies. The CCRO serves a diverse range of energy industry members, including major oil companies, utilities, merchant trading companies, and power system operators. Recognizing the multifaceted nature of risk management, the organization's activities involve professionals from various departments, such as risk, treasury, finance, audit, compliance, and accounting. The CCRO provides guidance on new methods and tools to establish a strong foundation for future growth within the industry. A key differentiator of the CCRO is its commitment to fostering collaboration and knowledge sharing among its member companies. Through its initiatives, the organization aims to establish industry-wide best practices that benefit not only its members but also investors and consumers. For more information about the CCRO and its resources, visit their website at ccro.org.