Change

Major risk factors


Under the explicit understanding that this is not an exhaustive enumeration, the major risk factors that may prevent full achievement of our objectives are listed in detail from the next page onwards. There may be current risks that the company has not fully assessed, or that are currently identified as not having a significant impact on the business, but which could at a later stage develop a material impact on our business. The company’s risk management systems endeavor the timely discovery of such incidents.

An overview of our major risk factors is provided below, where the five risks that we do currently assess as the most significant for the forthcoming five years are indicated.

Major risk factors assessed by AkzoNobel (top five risks indicated)

 

 

 

 

 

 

 

 

 

 

 

Strategic

 

Operational

 

Financial

 

Compliance

Internal

 

Internal

 

 

 

 

Implementation of strategic agenda

 

Attraction and retention of talent

 

 

 

 

 

 

Identification of major transforming technologies

 


Management of change
Production process risks

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

External

 

External

 

External

 

External

Adapting to economic conditions

 

Sourcing of raw materials

 

Access to funding

 

Complying with laws and regulations

International operations

 

Energy pricing and emission trading rights

 

Contribution to pension funds

 

 

 

Ensuring stakeholder support

 

Product liability

 

Decline of asset values

 

 

 

 

 

 

Environment liabilities

 

Fluctuations in exchange rates

 

 

 

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