Managing Risk and Leveraging OpportunitiesRisk of procurement costs increasing due to fluctuations in exchange rates, raw material shortages, and commodity prices.● Increased cost base● Reduced product supply● Limitations to product portfolioRisk of volatile and challenging macro-economic conditions caused by key global events including conflict, inflation, and foreign currency fluctuations.● Deterioration of financial conditions● Reduced consumption spending● Changes in consumer spending patternsRisk of business activities being suspended, and confidential information leaking caused by system failures or cyber incidents● Losing trust from consumers and customers● Deterioration of financial conditionsRisk of changes in consumer preferences caused by COVID-19, growing concerns over sugar consumption and increased health awareness● Acquisition or loss of consumer base● Winning or losing trust from consumer● Discriminatory taxationperformance. By leveraging our robust risk management program, which is integrated into business routines and evaluates risks against our business and strategic priorities, we remain vigilant to the uncertainty in our operating environment and can react with agility. The program enables us to proactively identify new risks and opportunities which enable us to understand threats to our business viability.● Mitigate the impact of exchange rate and product ● Procure raw materials at lower costs through collective multi system company purchases leveraging Coca-Cola system● Enhanced strategic and operational risk identification ● Monitoring and responding to changes in status to ● Strong crisis response practices that focus on ● Prepare the response plans to mitigate the ● Improving and strengthening system security by ● Complying with laws and regulations on information ● Establishing internal regulations related to information security supported by related employee training programs ● Develop and maintain a system workforce with the ● Focus on product innovation and portfolio ● Strengthen range of low and no calorie beverages.● Diversification in pack sizes ● Promote active lifestyles through consumer price fluctuations through the uses of derivative transactionsenabling the group to grasp the changes in macroeconomic landscape more quickly and prepare better for the future by improving the ability to predict the future demand and trends more accurately customers’ business operationsemployee, customer and consumer safetydamages caused by system failures (such as, by setting up backup sites overseas)proactive threat identification and conducting simulation tests of cyberattacks managementability to respond to cyber incidentsexpansionengagement programCommodity pricingMacroeconomicCyber security andsystem availabilityChanging consumermindsetRisk categoryDescription and potential impactsKey mitigations61Reportable risksThe cyclic review of our key risks involves an assessment of the likelihood of their occurrence and their potential consequences to confirm our level of exposure and evaluate the strategies to manage them. The list does not include all risks that can ultimately affect our Company as there are risks that are not yet known to us, and risks currently evaluated to be immaterial that could ultimately have an impact on our business or financial High risks
元のページ ../index.html#62