Investor Presentaiton
SPIC BRASIL
About SPIC Brasil Our energy comes from multiple sources
Vision-driven progress
Safety is the foundation of care
GRI Summary
38
Risk management
Our risk management approach is guided
by the best corporate practices in the
market, using international benchmarks
and models, such as Coso 2017. This lets
us define impact and probabilities scales
that assist us in prioritizing issues to be
addressed with senior management,
in assessing degrees of exposure to
potential risks detected throughout the
processes, and in creating action plans to
mitigate them.
The process plan and controls is reviewed
by Internal Audit, responsible for ensuring
the seamless operation of the company
based on defined policies and according to
criteria of criticality and risks. This plan is
pre-approved by Management and Audit
of SPIC in China, and the findings are
presented quarterly. GRI 2-12
Today, we have two instances that address risk management, monitor the
execution and effectiveness of plans, and ensure the topic is addressed efficiently
for our company's various assets: GRI 2-12
SPIC Brasil Risk and Audit Commission: works on identifying corporate risks
as a whole, especially those related to new projects acquired by the company;
• HPP São Simão Risk Management Committee: this is responsible for
managing and monitoring impacts at the plant, tracking the implementation
of activities and aligning guidelines with the Board of Directors and Executive
Board, in accordance with the Corporate Risk Management Policy. GRI 2-9
CARACOL G
Our approach is guided by the
best corporate practices in
the market, using international
benchmarks and models,View entire presentation