2018 | Umicore | Risk Mitigation Plan (Step 3.A.X)
Does the company describe a risk mitigation plan?
updated over 1 year ago by Organisation for Economic Cooperation & Development (OECD)
Error rendering: Organisation for Economic Cooperation & Development (OECD)+Risk Mitigation Plan (Step 3.A.X)+Umicore+2018 (core view)
"Based on the outcome of the risk mapping (Low, Low/Medium, Medium/High, High) Umicore engages with the supplier in an appropriate follow-up and, if required, mitigation plan. The evolution of the mitigation plan is closely followed and if necessary checked during the next plant visits and/or (targeted) supplier reviews. In 2017, two Approval Committee meetings reviewed identified risks and their subsequent follow-up measures."