The company is alert to the possible business risks that it may be exposed to such as business interruptions, market risks, financial risks, etc.
The company risk management is coordinated by its Board thru the Risk Management Committee, headed by an independent director, which formulates risk policies. The committee also conducts assessment of possible risk exposure and the level of exposure. Risk mitigation measures are discussed and evaluated to prevent, minimize, or cease the risk exposure. These recommended measures are further reviewed before final approval by the Board.
Risk assessments and mitigation actions undertaken are reviewed by the Risk Management Committee during its regular meetings for follow thru and to ensure compliance to policies and effective implementation of countermeasures.
Crown Asia Chemicals Corporation
(Formerly, Crown Asia Compounders Corporation)
508 President Tower 81 Timog Avenue, Quezon City, Philippines Email:email@example.com Tel: +63 (2) 412-0639 to 41 / +63 (2) 410-1488 to 91 Fax: +63 (2) 412-0642
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