FINANCIAL REVIEW
SENWES ’ MATERIAL RISKS
Senwes deems its risk management practices to be in good shape and fully acknowledges the volatile agricultural industry and our need to be more agile , smarter and more effective , proactive and forward-looking and , at the same time , being appropriately responsive .
All risks are residually quantified and the heatmap provides an overview of the risk rating in terms of impact and probability , considering the existing mitigating control measures .
Impact Medium High Low
Rank
Risk
1 Environmental and health and safety risk
2 Political and economic climate risk
3 Market size and market share risk
4 Credit , liquidity and market risk
5 Commodity price risk
6 Weather and climate risk
7 Information technology risk - systems and cyber
Low |
Medium |
High |
8 Urbanisation , scarcity and retention of skills risk |
|
Likelihood |
|
9 Transition and customer risk |
Evaluation range |
Matrix evaluation
Low
|
|
10 Diversification and agricultural industry risk
11 Unique competitor risk
|
|
Medium - High
Critical
|
|
12 Regulation and compliance risk
13 Theft and fraud risk
|
SENWES INTEGRATED REPORT 2020
83