Integrated Report / JSL 2021
RISKS AND OPPORTUNITIES
GRI 102-11, 102-15, 102-30
JSL's Integrated Risk Management has
in its matrix the Financial, Operational,
Compliance, Image, Health and Safety risks,
which are managed based on the Company's
Risk Management Policy, including the
identification, assessment, treatment,
monitoring and communication of risks that
may have a financial impact and interfere
with the Company's strategic plan.
Risk control actions are carried out at
all levels of the Company and at various
stages. From the evaluation stage, the
treatment is defined, in accordance with
the definition of the Board of Directors. It
is up to the administrators and the Board
of Directors to determine the responses to
the identified risks. The Internal Controls,
Risks and Compliance area is responsible
for supporting them in the definition of
action plans for handling and ensuring
the implementation of the plans.
The risk management process is based on
the Coso methodology, version 2017, of the
Committee of Sponsoring Organizations of the
Treadway Commission, and seeks to integrate
the ISO 9001 and ISO 31000 standards, thus
adapting the governance and management of
Information Technology Control Objectives for
Information and Related Technologies (Cobit).
The risks specifically associated with
climate change and its impacts (read
more in Climate Change) are identified
through a self-assessment process, with
the participation of the Sustainability
Management and the Sustainability
Committee. After identification, the risks are
documented and categorized, for further
evaluation of the causes, consequences
and probability of materialization.
After the assessment, risk treatment,
monitoring and communication are
defined. Climate risks are managed from
a regulatory, operational, reputational,
market and value chain point of view.
LEARN MORE ACCESS THE JSL 2021 REFERENCE FORM AND
FIND OUT THE DETAILS OF ALL THE FACTORS AND RISKS
MONITORED BY THE COMPANY: HERE.
CLIMATE CHANGES
IMPACTS ARE IDENTIFIED, ASSESSED,
TREATED AND MONITOREDView entire presentation