Integrated Annual Report FY23

Managing our risks

Managing our risks

Faced with a range of both internal and external risks that could prevent the Group from reaching its objectives, Pernod Ricard has implemented a system of internal control and risk management aimed at improving the forecasting and monitoring of these risks. Each function and affiliate contributes on a continual basis to the deployment and improvement of this disciplined approach.

Methodology:

In 2021, the Group carried out an in-depth review of its risk map, a risk management tool. Top management actively participated and all Pernod Ricard functions and affiliates were involved. This map visualises the issues at stake, without replacing the explanations provided in chapter 4 of our FY23 Universal Registration Document. This map is reviewed annually to take into account the major changes in the risk environment to which the Pernod Ricard Group is exposed.