2011 in brief
Risk management activities in 2011 continued to focus on the prioritized risk area “Protection of sites that are of critical importance for the Group’s operations and earnings.”
Specific action plans to significantly raise the level of protection were produced and implemen-tation of the measures commenced at 36 sites. Of these, eight facilities were designated at the Highly Protected Risk level, which is the highest risk classifica-tion. The aim is to raise a further 11 sites to this level in the future.
In 2011, new reporting procedures were introduced for Enterprise Risk Management and Corporate Responsi-bility in which the Group’s consolidation system plays a decisive role. The Group’s companies, business areas and business units can use the system to systemati-cally identify, analyze and report risks. This system is already in use in financial reporting and for reporting of work involv-ing the internal control over the financial reporting.
Read more about Trelleborg's prioritized risk areas in Annual Report 2011
Read more about Trelleborg's financial risk management in Annual Report 2011