Risk treatment
The third step of the process is to decide on risk treatment.
Next step in the risk management process is to decide on risk treatment plans, i.e. if risks are to be mitigated, accepted, transferred or avoided. The decision is based on the risk evaluation and Securitas’ risk appetite.
The Board of Directors has the ultimate responsibility for governance of risk management while the accountability for managing risks. Implementation and maintenance of control systems in accordance with our policies is clearly assigned to management at Group, divisional and local level.
Divisional management are responsible for all aspects of the operations in their divisions, including operational risk management and risk minimization as well as creating risk awareness throughout the division. Operating unit managers and country risk managers are responsible for ensuring that risk management is part of the local corporate culture at all levels within a country.