· Risks and opportunities
- Connectivity of information
- Strategic focus and future orientation
G4S’s focused discussion on risk management and the company’s principal risks provides insight into the market issues which impact the company’s risk, and goes on to identify the activities and future objectives of the Group’s risk management. Additionally, a diagram is included on page 43 showing the Group’s risk governance process, which includes Board oversight; three layers of internal controls at the operating company level; and independent, external assurance.
Pages 45-47 include discussions about G4S’s principal risks. For each key area (i.e. people, major contracts, brand & reputation, etc.) the principal risk(s) are described along with potential consequences. As assessment of whether the risk has increased (or decreased) since 2013 is also included as well as mitigation priorities for the year ahead. Connectivity is achieved through the use of icons, which link the principal risks to the company’s five strategic priorities.