Annual & Sustainability Report 2017 slide image

Annual & Sustainability Report 2017

MESSAGES ABOUT THE THE REPORT CCR GROUP STRATEGY AND OPPORTUNITIES BUSINESS SERVICES TOLL ROADS MODEL URBAN MOBILITY AIRPORTS OUTLOOK 12 Growth pillars CCR Group's business growth is based on five pillars that guarantee the evaluation and measurement of economic, social and environmental impacts in decision making. These guidelines have always been present in management and were the bases on which the number of units and new businesses expanded in a solid and sustainable way throughout the company's 18 years of operation. THE 5 GROWTH PILLARS: Capital discipline: ensures that investments are made to achieve the expected and projected results in all contracts entered into by CCR Group, balancing the interests of shareholders, users and grantor authorities. Qualified growth: responsible assessment of current concessions and market opportunities in order to ensure business continuity, portfolio and risk diversification. People management: training and appreciation of human capital, putting the right people in the right places and providing opportunities for professional growth. Sustainability: qualified management, planning and monitoring to maximize opportunities and minimize the risks of social, economic and environmental business impacts for all stakeholders. Corporate governance: adoption of the highest standards of governance to ensure transparency, fairness and ethics when conducting business. Risk management Just as it continually evaluates opportunities for growth and diversification of its business, CCR Group also constantly monitors changes in the macroeconomic and sectoral scenario that may influence its ability to create value and execute its strategy. The main externalities monitored by the Group are alterations of projections for the growth of the national economy, which may impact the number of users in concessions, and possible alterations made by the grantor authorities to the conditions and regulations that determine the performance of contracts and investments. CCR Group also keeps track of the main discussions and trends involved in sustainability issues, both globally and nationally. One of the aspects on which the Group focuses, for example, has been the possible risks and opportunities of issues such as carbon pricing and the incorporation of this topic into the company's strategy. By means of constant dialogue with regulatory agencies, one of the stakeholders with which CCR Group shares value in its business model, strategic issues and those with an impact on business are discussed in order to find solutions that ensure the balance between the interests of shareholders, society and the grantor authority. This interaction is carried out in a transparent and coherent manner, in accordance with the guidelines and policies established by the Integrity and Compliance Program. When a consensual decision proves impossible, the Group understands that the mediation of the judiciary, based on the regulatory framework of the sector, is sufficient to ensure compliance with the established rules. At the internal level, CCR Group develops risk management shared between different areas and the committees that advise the Board of Directors. The internal audit, compliance, financial management and internal controls processes, working synergistically, provide an integrated view of the risks and of governance and control improvement activities. The Internal Audit, as defined in the Internal Audit Policy, aims to provide assurance to CCR Group shareholders and officers that business risks are minimized, identifying opportunities to help improve existing operational management practices and internal controls. Linked to the Board of Directors, the role of the Audit Committee includes evaluating the Internal Audit Plan and the effectiveness of internal controls, proposing reviews and changes to control processes, especially in areas with high risk potential. Risk management shared by a number of areas and the direct involvement of governance in the supervision of these activities allow an integrated vision and continuous improvement Annual & Sustainability Report 2017 • CCR Group
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