Risk Management

RISK MANAGEMENT

The Company is committed to implementing risk management properly to face various types of risks, such as operational risk, financial risk, strategic risk, safety and environmental risks, and other risks related to business activities carried out.

The implementation of risk management at the Company is carried out thoroughly, both in the form of preventive action plans and mitigation action plans. The form of preventive action is carried out in an integrated manner by cooperating with related organs, such as the Internal Audit Unit and the Manager of Internal Control System. This form of integration is conducted through an Early Warning System (EWS).

Meanwhile, the Company’s risk mitigation is carried out by formulating risk mitigation procedures based on the measurement of types of risks that have been mapped in the Company’s risk tolerance index.