Page 27 - Aygaz-Sustainability-Report-2021

SUSTAINABILITY REPORT 2021 25

the corporate risk culture at Aygaz. We collection, and capital risks, we With the Board of
manage corporate risks in integration incorporate operational and cyber risks Directors Diversity
with the company strategies and into our risk management processes. Policy, we have
targets and aim to create value for We also align these activities with the
all stakeholders, including business Integrated Management Systems Policy committed to increase
partners. With effective corporate and sustainability principles. female representation
risk management, we review the on Aygaz A.Ş. Board of
developments from a strategic Please click to access Aygaz Integrated Directors to 25% within
perspective with updated processes and Management Systems Policy.
action plans and implement systematic five years.
policies. As part of the corporate risk We consider alternative methods to
management activities carried out ensure systemic integration with the
through the year, we update and business processes and monitor them
prioritize the company’s risk inventory regularly. Based on the results of the
and focus on solutions to mitigate or assessments, we review the internal
eliminate the risks. We then consolidate operating procedures and roadmap and
the updated risks and action plans update all our plans. These efforts allow
and inform the internal stakeholders. us to build a risk management structure
Accordingly, the departments review compliant with international standards.
their own risk assessments, enabling us The policies approved and strategic
to raise awareness about corporate risk targets set by the Board of Directors,
management across the organization. which takes into account feedback from
relevant departments starting with
In addition to managing the financial the Risk Management Committee and
risks, which include foreign currency, Executive Board, play a key role. Given
interest, liquidity, commodity, loan, especially the financial, operational