Risk and risk management

Indutrade is exposed to a number of risks that could have a more or less significant impact on the Group. The risks are generally defined as factors affecting Indutrade’s ability to achieve set objectives.

Indutrade works continuously with assessment and evaluation of the risks that the Group is exposed to and could be exposed to. Many of the risks described here could affect the Company both positively and negatively. This means that in the event of a favourable risk development or if the Company is successful in mitigating the risk through its risk management activities, its goal achievement may be better than anticipated. In such way, risks also entail opportunities for Indutrade. Examples of this are the business climate, customer behaviours and variations in market prices.

At year-end 2020 Indutrade conducted business through more than 200 companies in 30 countries on six continents. This diversification of risk along with a large number of customers in a wide range of industries and a large number of suppliers in various technology areas limits the business risks.

Changes in the economy

Changes at the supplier level

Digitalisation

Funding risk

Interest rate risk

Changes in global trade regulations

Compliance with trade regulations

Currency risk

Sustainability governance

Acquisition process

IT incidents

Climate and environmental changes

Business ethics

Pandemics