Risk management in the Energa SA Group

Integrated Risk Management System of the Energa Group

The Integrated Risk Management System (IRMS) has been in place at the Energa Group since 2011 and it is supervised centrally by Energa SA.

The IRMS has been implemented on the basis of a risk management process which is harmonised across the whole Group. It is based on international standards (ISO, COSO, FERMA) and spans all organisational levels and business lines. The risk management process consists of various interrelated stages that form a continuous process. It starts at the level of organisational units and moves on to top execu-tives and from the level of Group companies to Energa SA as the Parent Company.

The Energa Group risk management process


The main documents underlying the risk management process at the Energa Group are the Risk Man-agement Policy and the risk management methodology, which define, among others, the harmonised approach, risk management principles and roles in the risk management process.