Facing a range of internal and external risks that may affect the achievement of our objectives, Pernod Ricard has implemented a system of internal control and risk management to better forecast and control them. As part of the Group’s decentralised structure, each function and each affiliate contributes on an ongoing basis to the smooth running and improvement of this system.
Methodology: Every three years, Pernod Ricard’s main risks undergo a mapping process involving all Group affiliates and functions. The various risks are ranked according to their potential impact and probability of occurrence. This risk matrix is a risk management tool. The next matrix update will be in 2021.