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Prysmian Group – 2015 Sustainability Report
Group ID Card
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Planning and Reporting Risks: risks associated with the adverse impact of incomplete, incorrect and/or
untimely information, with possible effects on the Group's strategic, operational and financial decisions.
Risk Model adopted by the Prysmian Group
Managers involved in the ERM process are required to use a clearly defined, common methodology to
measure and evaluate specific risk events in terms of "Impact - Probability of occurrence" and the adequacy
of the system of controls in place. ERM is a continuous process that contributes, as defined in the ERM
Policy, to the determination of the Group's three-year business and strategic plan by identifying possible
events that could influence the sustainability of the plan, which is updated annually with the involvement of
all key managers.
During 2015, the ERM process involved the Group's main business/function managers, resulting in
identification and assessment of the main risk factors that are summarised below, together with the
mitigation strategies adopted.