Risk management
ROTO's risk management can be characterised 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 and where they are, which helps their well-being and operational continuity. Introducing standardised group safety approach.
Cyber security
IT, financial and operational
Infringement, data loss or unauthorised access. Strict access procedures and continuous enhancement of our IT systems and platforms. Reinforcement of the organisational structure. Strict back-up procedures. Execution of pen-tests. Continuous internal training.
Fraud and corruption
Strategic, people, financial and operational
Breach of internal procedures. Business Code of conduct is in place, which is propagated by the top of central and local management. There are strict procedures for approval of all financial transactions.
Commodity prices
Sales and operational
Commodity price volatility. For zinc and steel: partly covered by a mix of group activities and adapting procurement strategies. Focus of sales force on agile pricing by intensified management attention.
Energy
Sales and operational
Energy price volatility and availability. Frequently monitoring energy market prices and adapting procurement strategies.
Reputation
Strategic
Breach of internal procedures or license conditions. Living our core values. Building an integrated system based on the SDGs and the best available technologies and measured in our ROTO dashboard.
Geopolitical situation
People, operational and sales
Geopolitical instability. Special attention and support for our Ukrainian Family members and their loved ones. Financial risk is limited. Business with Russia still ceased.
Supply chain
Sales and operational
Disruption in the supply chain still possible. After a volatile start, markets have stabilised during 2022.