PROFILE
RISK MANAGEMENT
In Ibersol Group, the risk management is a continuous and systematic pro-
cess. The volatility of the corporate reality forces us to take preventive mea-
sures in this area. Therefore, the Group actively and efficiently manages this
area by structuring and performing all operations in anticipation of all kinds
of risks. This way, the Group regularly implements a set of strategic actions
to identify, administrate, conduct and prevent the risks, which is transversal
to all business areas.
Ibersol established the proper mechanisms to control the risks supported by
standards and internal procedures, and periodically performs assessments of
the main internal control systems of the Group. The purpose is to identify
the internal and external risks that may influence the impact of the uncer-
tainties and eventualities in the financial, human resources, customers and
environmental areas.
The wealth of information that the company has available - namely the
indicators and parameters such as politics, strategy, targets, processes and
procedures already consolidated, and the information in the financial and
accounting area, human resources, quality, acquisitions, logistics and ma-
rketing – enables the assessment in real time of the different risk scenarios,
and thus it is prepared to revaluate and redefine, at any time, the strategies
adopted.
The risks inherent to the different activities of the Group are identified, and
some of the areas are managed directly by the functional departments,
taking into consideration their particularities.
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