GECINA - REFERENCE DOCUMENT 2017

06

RISKS Risks

given to an external assessment of compliance (asbestos, soil contamination, fire, floods, etc.). Each evaluation results in the introduction of action plans to respond to Gecina’s strategy. The control of property risks is based on three main tools: risk mapping, risk prevention plans and an alarm mechanism. Property risk mapping 6.1.7.1.1 It aims to identify and define sets of standards and policies for each of the major risks associated with property portfolio. It is meant to be updated whenever the relevant regulations change and in the event of a significant change in the Group’s strategy. It seeks to help the different Group players pay more attention to risks linked to buildings in their day-to-day management and to reinforce their involvement in this regard.

6.1.7

PROPERTY RISKS

Management of the real property

6.1.7.1

risks Foreword: this section covers the Gecina property portfolio excluding Eurosic. The inventory of risks associated with building safety and environment is regularly reviewed by the Risk Management Department and validated by Executive Management. Such risks are assessed based on a set of control reporting standards defined for each area of risk, with indicators measuring the level of efficiency for the various buildings in relation to these reporting standards. For certain subjects that are deemed to be more important or linked to regulatory requirements, preference has been

It covers 18 areas of risk, hazard or relating to environmental protection which are broken down into five categories:

Health protection

Environmental protection

Risk of termites and wood-eating insects

Management of the lead risk in coverings

Energy efficiency of the property portfolio

Asbestos risk

Management of the risks related to cell towers

Management of the subsoil pollution risk

Management of Regulated Facilities for Protection of the Environment

Client safety and comfort

Management of water quality

Management of industrial risks

Management of Wet Cooling Towers and risk of Legionnaire’s disease

Fire Security

Management of natural risks

Protection of Gecina employees

Liability in leases

Security for technical equipment

Management of the operating risks of liability in leases

Management of the flood risk

Elevators and service lifts

Prevention of occupational risks

General security

188 GECINA - REFERENCE DOCUMENT 2017

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