Management Report 2020 slide image

Management Report 2020

Management Report 2020 Risk management Our Risk Management Policy, in force since 2019, estab- lishes the guidelines for structuring a comprehensive framework that is applicable to all our operations. The doc- ument also consolidates the processes conducted continu- ously by managers to identify scenarios and formulate ac- tions for addressing each risk prioritized. The key risks we manage include commodity price varia- tions and foreign exchange fluctuations. To respond to this scenario, we practice our hedge strategy, which is guided by our Market Risk Management Policy. The Operating & Risk Management Committee evaluates the company's level of exposure at the start of every quarter and deter- mines the instruments (derivatives) to be contracted for the hedge operation in the period. Figure 2 Risk management RISK MANAGEMENT POLICY لَهَا CERTIFICATIONS SLC Agrícola MARKET RISK MANAGEMENT POLICY RISK MANAGEMENT COMMITTEE EXECUTIVE COMMITTEE AUDITS CONTRACTS Click here to learn more about this topic in sections 4 and 5 of the company's Reference Form INTEGRATED MANAGEMENT SYSTEM (SGI) RISKS HEDGE Strategic | Operational | Financial | Regulatory and/or Compliance | Socio-environmental | For Image 14
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