Risk management is crucial in terms of the proper functioning of the organization and protecting it against negative events, both internal and external.
Our priorities in this area
Formalisation of a comprehensive risk management system.
Development of a new risk matrix, responsibilities, procedures, conduct and supervision methods.
Our approach to implementing formal risk management solutions will cover “non-financial risks”, i.e. related to all aspects of sustainable development. Climate-related risks will also be analysed (more).
We constantly monitor risks, e.g. in the following areas:
A risk related to the product defects
A new product development risk
A marketing communication risk
A risk related to the increasing customer demands
A risk related to the European Union regulations concerning e.g. the composition of paints
A risk related to potential ethical infringements in a supply chain