Sopra Steria - 2019 Universal registration document
INTEGRATED PRESENTATION OF SOPRA STERIA RISK MANAGEMENT
Risk management
internal control and risk management system stakeholders
Board of Directors / Audit Committee
Executive Management
1 st line of control
2 nd line of control
3 rd line of control
External Audit
Operational Management All entities All geographies All activities
Departments Finance Industrial Human Resources Legal Sustainable Development and Corporate Responsibility Internal Control
Internal Audit
Identification of the Group’s main risks
Apart from the risks associated with the Covid-19 pandemic described on page 37 of this document, Sopra Steria’s main risk factors are presented below. They are listed initially in order of importance by each category of risk, with regard to their probability of occurrence and the magnitude of their potential adverse impact, for each category of risk in the following summary table.
Main risks related to strategy and market developments • Adaptation to market developments and digital transformation • Loss of a major client or contract • Impact of Brexit
Main risks related to regulatory requirements
• Non-compliance, breaches of ethics per SNFP* • Risks associated with retirement benefit obligations
Main risks related to operational activities • Difficulties in attracting, developing or retaining talent and/or loss of personnel in key roles per SNFP* • Loss, corruption or unauthorised disclosure of data • Performance deficiency in the management of client projects (during the pre-sales or production phases) • Unavailability of IT services and infrastructure and/or interruption of activities at sites
The aims of the internal control system and the risk management policies put in place by the Group are to reduce the probability of occurrence of these main risks as well as their potential impact on the Group. The Risk factors and internal control chapter of this document includes a detailed description of each of these risks, including the ways in which they are addressed by the Group’s risk management policies.
*SNFP: Statement of Non-Financial Performance This risk also relates to the anticipated regulatory changes provided for in Articles L.225-102-1 III and R.225-105 of the French Commercial Code concerning the Statement of Non-Financial Performance
See Chapter 2 for more information
12
SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2019
Made with FlippingBook - Online catalogs