Risk
Management

Risk Governance

Risk Management Framework

Risk Criteria in Product / Service Development

  • Manufacturing facilities conduct risk management for all activities following Standard Operating Procedures (SOPs) referencing Engineering Controls and Personal Protective Equipment (PPE) usage
  • SOPs are prepared based on risks using Hazard Identification and Risk Assessment (HIRA) methodology and aspect impact to control adverse environmental effects
  • Rigorous regulatory audits by entities such as the U.S. FDA and UK MHRA necessitate preparedness
  • Unique training methods such as the Audit Readiness film simulate real-life audit situations, ensuring employees interact positively and confidently with auditors

Our 2024 Risk Register

Risk Prioritization Matrix

Prioritization is an outcome of likelihood and magnitude assessment. To illustrate this, we have created a risk prioritization matrix, a heat map that highlights their significance.

Risk Responses for our Strategic and Operational Risks

Emerging Risks

Systemic risks