The Risk Committee meets periodically several times during the year and consists of:
Hera's Executive Chairman
Hera's Vice President
Hera's CEO
CFO
Market general manager
Enterprise Risk Manager
In addition, in relation to specific issues, are expected to attend
Central Director of Legal and Corporate Affairs
Central Director of Corporate Services
Central Director of Innovation
Hera Trading's CEO
The Risk Committee is the main steering, monitoring and reporting body on risk management strategies, and is responsible for:
defining the general guidelines for the Risk Management process
ensuring the mapping and monitoring of business risks and their management
ensuring the definition of Risk Policies and of the measurement parameters to be submitted to the approval of the Board of Directors of Hera S.p.A.
defining the methodology for Business Impact Analysis, the impact assessment thresholds and approving the continuity objectives identified by the process owners
ensuring half-yearly reporting to the Board of Directors of Hera S.p.A.
defining and ensuring information protocols for the Control and Risk Committee, the Internal Auditing Department, the Board of Statutory Auditors and the Ethics and Sustainability Committee
Major risks that fall within the Risk Committee’s remit refer to the following areas: strategic, energy, financial, credit, insurance, information and communication technology, safety and the environment, business continuity, climate change
