PERNOD-RICARD - URD 2021-22 EN
Risk management Risk factors
Risk hierarchy
Risks relating to business activities
Geopolitical and macroeconomic instability Pressure on prices and margins Significant cyberattack Rapid changes in consumer behaviour Talent management
Negative media coverage Supply chain disruptions Risks related to S&R challenges Fraud
Industrial and environmental risks
Loss of a major industrial site/strategic inventory Toxic contamination Climate change and environmental damage Product quality issues Health and safety Regulatory risks: business ethics taxes and levies Anti-alcohol environment and regulations Counterfeiting/IP rights Major litigation
Legal and regulatory risks
4.
Financial risks
Financial risks: FX interest rate
credit Pensions
Risk factors exist in a limited number of categories depending on their nature. Within each category, the most important risk factors are presented first.
169
Pernod Ricard Universal Registration Document 2021-2022
Made with FlippingBook - Online Brochure Maker