Risk management
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Risk management activities
Group Management sets the risk management policies for the
entire Group. Accountability for managing risks is clearly
assigned to management at Group, divisional and local level.
Group Management has overall responsibility for
the management of risks, and for the implementa-
tion and maintenance of control systems in accor-
dance with the Board’s policies. Specifically, divi-
sional management and established functional
committees are responsible for ensuring that a pro-
cess for creating risk awareness exists throughout
the division. The divisional presidents are responsi-
ble for all aspects of the operations in their divi-
sions, including operational risk management and
risk minimization. Operating unit managers and
country risk managers are responsible for ensuring
that risk management is part of the local corporate
culture at all levels within a country.
Accountability for managing risks is clearly
assigned to management at Group, divisional and
local level.
Securitas Sustainability Report 2016
To be successful, all of Securitas’ branch manag-
ers must understand the risks associated with pro-
viding services and be able to assess and control
these risks. Securitas actively pursues different risk
management activities to increase awareness and
knowledge. One important tool is the business risk
evaluation model “The Scale”. For further informa-
tion on this, refer to www.securitas.com.
RISK RESPONSIBILITIES
Principal activities
Risk assessment
Contract management
Loss prevention
Claims settlement
Insurance purchasing
Branch /
area
Country /
division Group