Risk management

The key innovations introduced by the new Organisational Model include the establishment of the Central Risk Management unit, which reports directly to the Chief Executive Officer and assists top management with the control of risk management activities in accordance with national and international standards and best practices, in order to strengthen the Group's governance and ensure the definition, update and circulation of the methodologies, metrics and tools to properly identify, analyse, assess, manage and monitor risks.
The Central Risk Management unit is based on two main areas: Enterprise Risk Management (ERM) and the Project Risk Management (PRM), overlooking to the related processes.

In 2016 Activities were carried out to further enhance the integration of risk management into business processes and to spread the "culture of risk" in a pervasive and homogeneous way both in business and operating functions as well as in the technical and staff support functions. The unit operates in close collaboration with the other central units for efficient and coordinated control of all risk areas.