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Investor Presentaiton

Executive Summary Improving Financial Health Data Employees Supply Chain Environment Governance Policies & Data tables Appendix Governance - Risk Management Our risk management governance structure experian. • Identifying and managing risk Identifying and managing risk is key to our business. Doing so helps us deliver long-term shareholder value and protect our business, people, assets, capital and reputation. Board is responsible for maintaining and reviewing effectiveness of risk management from a strategic, financial, and operational perspective. Designed to identify and manage, rather than eliminate, the risk of failure to achieve business objectives or to successfully deliver our business strategy. The risk management process is designed to identify, assess, respond to, report on and monitor the risks that threaten our ability to achieve our business strategy and objectives, within our risk appetite. Board Sets our overarching risk appetite and ensures that we manage risks appropriately across the Group. The Board delegates oversight of risk management activities to the Audit Committee. Audit Committee Regularly monitors the principal risks and uncertainties identified by our risk assessment processes, with the strategies we have developed and the actions we have taken to mitigate them. Management also continually reviews the effectiveness of our risk management system and internal control systems, which support our risk identification, assessment and reporting. Security and Continuity Steering Committee (SCSC) is a sub-committee of the ERMC. Its primary responsibility is to oversee management of globalinformation security, physical security. and business continuity risks. Executive Risk Management Committee (ERMC) Comprises senior Group executives, including the executive directors and the Company Secretary. It oversees how we manage global risks. Assurance Steering Committee (ASC) is a sub-committee of the ERMC and oversees the development and implementation of the Group's assurance framework. Tax and Treasury Committee oversees management of financial risks, including tax, credit, liquidity. funding, market and currency risks. Global and Regional Strategic Project Committees ensure that we appropriately resource our strategic projects, and that they are risk-assessed, and commercially and technically appraised. The committees conclusions are then considered by the Board or relevant Group Principal Operating Subsidiary for approval. Regional Risk Management Committees (RRMC) oversee management of regional risks and feed up to the ERMC. Risk response Step 1 Step 2 Step 3 Risk identification Risk assessment Consider key business objectives > Identify principal risks > Identify key controls Assess controls Estimate likelihood, impact and velocity Consider legal, reputation and conduct exposure Accept or remediate current risk and control environment Determine corrective action if needed Step 4 Risk reporting & monitoring Business unit and regional level >RRMCs and ERMC Audit Committee Group Operating Committee (OpCo) The Group Operating Committee comprises our most senior executives. Its remit includes identifying, debating and achieving consensus on issues involving strategy, risk, growth, people and culture, and operational efficiency. Its meetings generally focus on the key issues facing our Group. 76 Experian Public Executive management Our executive management takes day-to-day responsibility for implementing the Board's policies on risk management and internal control. It designates who is responsible and accountable through the design and implementation of all necessary internal control systems, including policies, standards and guidance.
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