Frasle Mobility's New Positioning and Randoncorp Investments
Internal Audit
GRI 205-1 205-3
The Internal Audit is the area responsible for the independent and systematic
evaluation of all processes and units of Randoncorp, with the objective of verifying
whether they are in compliance with the current legislation and with internal
policies and procedures, also evaluating the effectiveness of internal controls.
To define the area's annual work plan, with the processes and units to be audited,
we take into account the following aspects: criticality of the risks of the corporate
matrix, the strategic guidelines, the process and unit's relevance and materiality.
The corporate risk matrix considers the assessment of corruption risks and this
assessment is reflected in the Regulatory Risk category. Currently, we have listed
four risks as priorities concerning corruption:
Environmental Risk
Non-compliance
regarding environmental
protection actions.
Criticality level of the
risk: Significant.
Regulatory
Compliance Risk
Lack or loss of institutional
capacity to manage the
regulatory complex of
the Companies, violation
of the norms and
legislation in effect.
Criticality level of the
risk: Significant.
PESSOAS
Third-Party And Partner
Management Risk
Weaknesses, illegal acts in
the relation with suppliers,
service providers, distributors
and franchisees.
Criticality level of the
risk: Significant.
Ethical Conduct Risk
Employee acts diverging
from the ethical standards
established and accepted
by the Companies.
Criticality level of the
risk: Significant.
The Internal Audit area is also responsible for investigating reports and allegations
of corruption received through the Ethics Channel, and the Risk Management
and Compliance department is responsible for risk analysis and management
of the fight against corruption in 100% of our operation. In 2022, there was no
record of reports and accusations of corruption in the Ethics Channel.
ETHICAL AND RESPONSIBLE MANAGEMENT
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