Career
Change language
Kendrion contact
Head Office
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
Contact now
change language
close
Contact
close
Career
Change language
clear field
Kendrion contact
Head Office
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
Contact now

Why we manage risks

Our objectives for Risk Management

Our objective is to adopt an approach to business risks that minimises negative impacts and maximises positive impacts, while always taking into account the necessary balance between risk exposure and mitigation costs.

We promote local entrepreneurship and, consequently, offer scope to the management to exercise the associated discretionary powers.

Properly designed and implemented risk management and internal control systems significantly reduce, but cannot fully eliminate, the possibility of human errors, poor judgement, deliberate circumvention of controls, fraud or infringements of laws, rules or regulations, or the occurrence of unforeseeable circumstances.

Key risks

Strategic Operational Financial Compliance
Uncertain economic and political conditions Purchase price increases and sourcing interruptions Tax Intellectual property
Managing organisational integration and change Inability to attract and retain qualified staff Treasury  
Insufficient standardisation and digitisation of processes Lack of the right (innovative) capabilities    

How we manage risk

Our approach to Risk Management

Effective risk management is key to executing our strategy, achieving long-term value for our stakeholders, protecting the company’s reputation and ensuring good corporate governance.

The Executive Board is responsible for identifying, assessing and managing the risks associated with our strategy and activities, including establishing the risk appetite, implementing and maintaining the internal risk and control system and supervising its performance. The Executive Board strives to balance business opportunities with the reasonable expectations of shareholders, employees, regulators and other stakeholders. At the enterprise level, the Executive Board, together with the senior management of the holding, business units and operating companies, conduct an annual risk review.

At operational level, our companies make active use of quality systems designed to assess and improve its processes. Virtually all companies have been awarded ISO certification, and possess the relevant safety and quality certificates.

Internal Audit & Risk Manager
Andre Schuurmans
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
Netherlands
Google maps