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                        Enterprise Risk Management

                        Enterprise Risk Management

                        Minimise risks, maximise opportunities

                        Corporate Governance

                        Board and Board Committees

                        Executive and Operational Committees

                        Shareholders' Meetings

                        Enterprise Risk Management

                        Governance Framework and Documents

                        Airbus’ long-term development and production lifecycle make Enterprise Risk Management a crucial mechanism for both mitigating the risks faced by the Company and identifying future opportunities.

                        By systematically integrating Enterprise Risk Management (ERM) as a key management process across the Company, Airbus supports value creation and competitiveness.

                        This is carefully followed by the Board of Directors (BoD).

                        There is one group ERM Centre of Competence with direct responsibility for Commercial Aircraft ERM and for group-wide coordination of the Airbus Helicopters and Airbus Defence and Space ERM functions.

                         

                        In terms of mission, ERM plays a key role to:

                        • Make the business more robust and become resilient to unpredicted crises
                        • Support operational decision making
                        • Improve the business results
                        • Reduce the exposure level
                        • Be compliant with the Dutch Corporate Governance Code

                         

                        Airbus ERM system relies on:

                        • Strong anticipation culture
                        • Speak-up mind-set
                        • Robust risk mitigation
                        • Opportunity management
                        • Strengthened ERM governance at Company, Divisions, Programmes and Functions levels

                         

                        Airbus ERM uses ISO 31000 as a guideline.

                         

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