DSV Annual Report 2022
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DSV Annual Report 2022
Corporate governance and shareholder information
The key risks identified are addressed by the Executive Board and as-
signed to risk owners within the Group to make sure that relevant pre-
ventive measures are implemented. In line with the established frame-
work, the key risks are reported to and addressed by the Audit Commit-
tee and the Board of Directors.
Key risk assessment 2022
The latest assessment of the Group's internal and external strategic risks
was carried out in Q4 2022.
The analysis confirmed the eight overall key risk areas - also identified in
previous years - which may have a significant impact on the Group's
earnings, financial position and ability to achieve other strategic objec-
tives, should they materialise.
The results of the risk analysis are presented in the adjacent risk map and
described in greater detail in the following pages. The risks are not listed
in a specific order.
The indicated likelihood of occurrence and annual EBIT impact are based
on our best estimates, taking mitigation strategies into consideration. As
such, it should be noted that the quantifications applied in the risk map
carries some degree of uncertainty.
Financial risks
Our daily operations involve various financial risks. However, these are
not considered key risks. Our financial risks are monitored by our Group
Finance departments to ensure a high level of management attention on
the effectiveness of our hedging strategies. Please refer to Chapter 4
of the notes for additional information on our financial risks.
Key risk map
Estimated
annual EBIT
impact in case
of occurence
750 million
Rare
Unlikely
2022
ā 2021
= III
1
IT Security
System breakdowns
and cyberattacks
2 Macroeconomy
Recession and changes
to global supply chains
3
Employees
Retention and
DKK
6
4
5
Moderate
8
Likelihood
of occurrence
attraction
Compliance
Increasing regulatory
complexity
5
M&A
Acquisitions and
integration
6
Technology
7
Likely
Almost
certain
8
Disruption and
technological adaption
Commercial
Failure to execute
on organic growth
strategy
Climate risk
The short-term impact
from climate changeView entire presentation