Enterprise Risk Management: Theory and Practice offers a highly accessible yet thorough guide to ERM that will appeal to anyone involved in its implementation or who wants to understand its theory and practice better. It is designed to take the reader on a journey from learning about the core principles and theoretical underpinnings of ERM, through to the bread-and-butter practices and techniques, and then onto more advanced topics, such as how ERM relates to corporate strategy and balance sheet management. Closing the gap between theory and practice, at every stage the authors draw on the insights and lessons learned from the Nordic energy company Equinor (formerly Statoil), one of the leading companies implementing ERM.