MYTILINEOS HOLDINGS - SUSTAINABILITY REPORT 2013 - page 58

56
O
ur Group defines “risk” as a set of un-
certain and unscheduled circumstances
which may affect its operations, business ac-
tivity and financial performance, as well as
the implementation of its strategy and the
achievement of its goals. A specific ap-
proach to risk management through regu-
lar internal audits has been established in
all our activity sectors, in order to ensure
the appropriate and effective implementa-
tion of the procedures for
Identifying and assessing risk factors.
Planning the risk management policy.
Implementing and evaluating the risk
management policy.
In addition, the Internal Audit Depart-
ment, which is an organisationally inde-
pendent unit that reports to the Board of
Directors, evaluates and improves the risk
management and internal audit systems
while also ensuring the Group’s compliance
with the established policies and procedures,
as these are laid down in the Internal Reg-
ulation, the laws in force and the legal and
regulatory provisions.
With activities in three key business areas
– Metallurgy & Mining, Energy and Con-
struction & EPC Projects – our Group is
faced with many different risk factors. Of
these, the table below mentions the most
important ones which could directly impact
on our economic performance and overall
evolution towards sustainable develop-
ment.
The Group’s Corporate Social Responsibility Committee is composed of two Board members without executive authority within the Compa-
ny, with the other five members being executives of MYTILINEOS HOLDINGS S.A.
CSR COMMITTEE COMPOSITION
Chairman
Member
Member
Member
Member
Member
Member
NAME
Christos Diamantopoulos
Christos Zerefos
Sofia Daskalaki
Spyros Kasdas
Vivian Bouzali
Fotis Spyrakos
Lydia Tsapara
EXECUTIVE / NON-EXECUTIVE MEMBERS
Non-Executive
Non-Executive
INDEPENDENT MEMBERS
Independent
7.4 RISK MANAGEMENT
1...,48,49,50,51,52,53,54,55,56,57 59,60,61,62,63,64,65,66,67,...68
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