an active role in defending the business and its sustainability

The purpose of the Risk and Compliance area is to develop and actively manage an integrated risk management model within the Group, ensuring an approach adapted to the nature and morphology of its businesses, the geographies in which it operates and the set of strategic objectives that guide the operation.

Considering the size and geographical dispersal of the Group, as well as the constant evolution of the companies' obligations, the implementation of a Risk Management System in line with the best international practices contributes, today, to the fulfilment of the business' strategic objectives. With this system, it is possible not only to obtain a holistic view of all the organisation's risks, but also to ensure their management and continuous monitoring.

The Group's Risk Management is an integrated, continuous and dynamic process that involves the corporate areas of Nors, as well as the various business units that comprise the Group.

Nors Group is pursuing its ambition of sustained growth, with a presence on several continents, embracing an increasingly unpredictable, competitive and demanding world. In this context of modernisation, Nors has developed a risk management model focused on protecting its strategic objectives. We implement top down and bottom up risk management that always involves identifying uncertainties, promoting a closer look at our organisation and our surroundings (economy, customers, competitors, suppliers, employees,...).

The challenge is to find the right KRI's to monitor risk and promote action I believe this model makes us more agile and stronger.

Sónia Moreira Group Risk and Compliance Director