RISK MANAGEMENT
ROTO's risk management can be characterized as risk averse. ROTO evaluates the risk from time to time and decides based on the outcome whether the existing policy can be continued or whether adjustments are necessary.
Key Theme Risks
ROTO's risk management can be characterized as risk averse. ROTO evaluates the risk from time to time and decides based on the outcome whether the existing policy can be continued or whether adjustments are necessary.
Key Theme Risks
INCREASED RISK
RISK REMAINED UNCHANGED
DECREASED RISK
SAFETY FIRST
Strategic, people and operational
Continuous management focus on building safety awareness and behaviour. By promoting diversity and inclusiveness all our Family members should feel safe to be who they are, which helps their own well-being and operational continuity.
CYBER SECURITY
IT and operational
Risk of infringement of unauthorised access. Strict access procedures and continuous enhancement of our IT systems and platforms. Execution of pentests by third parties contributing to additional measures.
FRAUD AND CORRUPTION
Strategic and operational
Risk of breach of internal procedures. Business code of conduct is in place which is propagated by the top of central and local management. The risk relates to a breach of internal procedures. There are strict procedures for approval of all financial transactions.
GEOPOLITICAL SITUATION
People, operational and sales
Risk of geopolitical instability. Special attention and support for our Ukrainian Family members and their loved ones. Business with Russia has been ceased.
SUPPLY CHAIN
Sales and operational
Risk of supply chain disruption leading to unpredictable availability of resources for the stakeholders of our ROTO Ecosystem, i.e. suppliers and customers.
COMMODITY PRICES
Sales and operational
Risk of commodity price volatility. For zinc and steel: partly covered by mix of group activities. Focus of sales force on agile pricing by enforced management attention.
ENERGY PRICES
Sales and operational
Risk of energy price volatility. Daily monitoring energy market price level. Partly offset by procurement strategies. Energy price disruption is passed on in sales prices.
REPUTATION
Strategic
Risk of breach of internal procedures. Building an integrated system based on the SDGs and measured in our ROTO dashboard and living our core values.