The
board is responsible
for the total process
of risk management and
its effectiveness. The
group executive and
risk management committee
tables and discusses
all significant potential
risks.
Management is held accountable
for designing, implementing
and monitoring the risk
management process and
integrating it into
the daily activities
of Reunert and its subsidiary
companies.
All group operations
are required to regularly
identify all significant
business risks. These
risks are discussed,
monitored and updated
at monthly management
meetings.
The audit and risk committee
considers the results
of the risk management
and internal control
processes and the disclosure
thereof at least twice
a year.
