Relatório de Gestão
18
Prior knowledge of risks inherent to the companies’ ac-
tivitymeans they can be dealt with, therebyminimizing
potential consequences and harmful effects.
At Ibersol, risk management is present in all processes
throughout the organization’s various levels.
Regarding strategic planning, the current businesses’
risks are evaluated, as are the development of new
businesses and themost significant projects; strategies
to manage those risks are then determined.
Risks are constantly monitored ahead of management
decisions, taking into account parameters such as
policy, strategy, goals, processes and procedures used
at Ibersol, along with information generated by the
management control system: financial and accounting,
human resources, quality, purchasing, logistics and
marketing. The generated information enables critical
process points to be identified along with risks associ-
ated to decisions already made or to be made, thereby
assisting future management decisions.
At operational level, the management risks for the
goals of each business are continually identified and
assessed, and actions planned to manage those risks.
These are included and monitored in the scope of the
plans for the businesses and operating units. All risk
control mechanisms are backed by internal standards
and procedures, which set out the respective rules, re-
sponsibilities and forms of communication. The Iber-
sol management standards likewise indicate the best
practices employees should follow in their daily work,
supporting all programs and respective Ibersol training
content. Standardization of these procedures lowers
variability and uncertainty, allowing better control of
risks associated to the corresponding processes.
To ensure compliance with Ibersol’s established pro-
cedures, the Group’s main internal control systems are
regularly assessed to identify internal and external risks
that can impact the business’s sustainability at various
levels: financial, people, customers and environment.
Due to the business’s specific nature, there are risk ar-
eas whose current management is the responsibility of
several operational departments, namely:
Food Quality and Safety
Coordinated by the Quality Department per the follow-
ing main control measures:
• Qualification and selection of suppliers and prod-
ucts and program for periodic control of suppliers,
products and services;
• Guarantee of the implemented tracking system;
• Control of unit production processes through the
HACCP (Hazard Analysis & Critical Control Points)
system;
• Food safety skills development system;
• Maintenance andmonitoring of measurement device
systems;
• Food crisismanagement system, which enables exist-
ing foodwarning systems to be constantlymonitored
and immediate action to be taken if necessary;
Risk Management
