Risk Management

 

The SÜDPACK Group maintains a risk management system that is integrated in the existing management systems. The aim of our risk management system is to detect and evaluate risks to our business operations as early as possible. Overriding risks and opportunities are evaluated by the Management Board annually and, if applicable, form the basis for necessary adaptations to the strategy within the overall business context.

 

 

GRI Index

102-11 Precautionary…

Precautionary Principle or approach

GRI Index

Related pages:
205-2 Communication and…

Communication and training about anti-corruption policies and procedures

GRI Index

Related pages:
416-1 Assessment of the…

Assessment of the health and safety impacts of product and service categories

GRI Index

 

Overriding risks and opportunities are evaluated by the Management Board annually and, if applicable, form the basis for necessary adaptations to the strategy within the overall business context.

 

Compliance

 

SÜDPACK fulfills its obligations arising from agreements with third parties. To avoid potential misunderstandings and any resulting consequences when concluding contracts, all employees are required to observe the compliance guidelines. In sensitive business processes, an internal control system (ICS) is used. The system ensures that the employees who are responsible for concluding the agreements and contracts carefully assess the resulting rights and obligations or risks before concluding a contract.

 

 

 

Data Protection

 

In the field of data protection, a binding group-wide guideline was established and a Data Protection Officer was appointed at the occasion of the introduction of the new European General Data Protection Regulation in 2018. A data protection risk management process is used to identify, handle and manage risks to the rights and freedoms of natural persons whose personal data is processed by companies.

 

 

Management Systems

 

In order to prevent endangering the environment and the health of our employees and neighbors, risk analyses (risk assessments) are performed within the context of our management systems in accordance with ISO 14001 and OHSAS 18001 before any installation of new lines and to constantly review existing processes at least once a year.

The measures that are agreed upon are executed systematically pursuant to the defined priority. Moreover, the emergency and danger prevention plan (including the danger of sabotage) is disclosed to all employees at regular intervals. In order to prevent risks relating to product safety, risk analyses (HACCP and FMEA) are performed within the context of our certified production and hygiene management system in accordance with BRCGS and the quality management system in accordance with ISO 9001 at least once a year for existing products and processes and on an on-going basis for new products and processes. We maintain a continual dialogue with our customers and suppliers, as well as with authorities, institutes and the public as the basis of this risk management.