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Telepass adopted a new ERM framework in 2020 for all the companies within the Group, revising the way in which we assess economic and non-financial risks.
The goal of this is to protect and increase business assets, while ensuring the strategic objectives defined by the Board of Directors are being pursued.
The Risk Management process allows us to identify, assess, manage, and monitor risks that the Group’s companies are exposed to in the course of their business activities.
This process has helped us identify 6 major areas of risks: