Risk Management

Our Risk Management model is based on international frameworks such as ISO 31.000 and the Committee of Sponsoring Organizations of the Treadway Commission (Coso), ensuring effective risk management. The Board of Directors is involved in overseeing this process by evaluating the impacts identified during the corporate risk review cycle and deliberations.

The results of this assessment are submitted to the Board, which decides on the necessary mitigation actions and strategies, including stakeholder engagement to assist in this process. The effectiveness of the process is reviewed annually by the Board of Directors or more frequently if necessary.

The monitoring and critical analysis of the management of people, environmental and economy issues and risks are delegated to Caudit (Finance, Audit, Compliance and Risk Committee) and the People and ESG Committee.